Addis Ababa (HAN) 28 April, 2017 – Public Diplomacy Financial investment. Huge deposit of most precious gemstone Sapphire found in Tigrai State northern Ethiopia. According to a Voice of America a massive deposit of sapphire has been found in Tigrai State northern is the most precious and valuable blue gemstone on Earth.
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Beryl, rutile, tourmalines, garnets, spinels, topaz, chalcedonies and agate are said to occur in the gravels of some of the maj or rivers of Ethiopia. However no details are known. Numerous minerals seem to exist in Ethiopia for the establishment of a semiprecious stone or a "chunky jewellery" industry as in East and Central Africa.
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Regarding the development of institutions dealing in Ethiopia with policies on minerals and mining in Ethiopia, the ministry of mines is only a 1977 creation and the Ethiopian Geological Survey (GSE) established in 1968.
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Mining is a big part of the Ethiopian economy. It is a big contribution factor to the growth of the economy status. Ethiopia is rich in Gold and gemstones and these are key commodities for the country's exportorientated growth strategy.
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