Mining News
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General division: Law does not license companies to keep hold of customers’ gold savings
The advertisements for buying and selling raw gold online for individuals through electronic applications on mobile phones are causing controversy.
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All you need to know about Iqat gold mine
The deposit of Iqat Mine is estimated to hold around 1.3 mn ounces of gold. Expected direct investments in 2030 from $300 million to $1 billion.
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Egypt produces its first gold ingot
The gold extraction process must be carried out locally by Egyptian hands, these strategic reserves gives strength to Egypt's currency.
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Saudi Arabia’s Ma’aden to invest in Egyptian mining sector
Minister of Petroleum and Mineral Resources announced plans by Saudi Arabia’s state-owned mining firm, to invest in the mining sector.
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Egypt's Iqat mine produces first gold bar after 2020 discovery
Mining in the country's Eastern Desert is being carried out by state-owned Shalateen.
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Sukari gold mine production exceeds 440K ounces in 2022
The company expects an increase in gold production to approximately 450 to 480 thousand ounces during 2023.
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Centamin says Egypt court rules challenge to Sukari deal invalid
The case relates to a challenge started in 2011 which wanted halt to deals struck in Egypt in relation to privatisations.
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Saudi MA'ADEN eager to invest in Egyptian mining industry
The petroleum ministry is looking forward to attracting annual investment of $1 billion into the sector of gold prospecting, he revealed.
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Egypt to benefit from mining in the golden triangle
The Golden Triangle project is one of the major mining projects intended to be established between Qena, Safaga, and al-Qusayr.
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El Molla chairs workshop for exploring mining investment opportunities at the golden triangle economic zone
Developing the Golden Triangle needs contributions from all the state’s related agencies and entities, which accelerate investments attraction.
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El-Mulla unveils $100 million gold refinery project
The project aims to maximize the added value of gold resources and complete the value chain for manufacturing the metal.
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1.3M ounces of gold discovered in Egypt's Sukari mine reserves
The Sukari mine has produced more than 5 million ounces of gold, and today the expected life of the mine is 14 years.
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Egypt plans to start mining Uranium in 2024
The EAEA chief noted since crude uranium cannot be used in nuclear power plant reactors, Cairo will have to send it to other countries for processing.
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Centamin increases reserves at its Sukari gold mine in Egypt
The company said it has also delivered a 5% increase in Sukari proven and probable mineral reserves to 6.0Moz at 1.1g/t Au.
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Egypt implements 1st certified gold refinery in Marsa Alam
This will thereby help finalize the value chain for gold production by maximizing the local content.
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High Egypt in crisis, bets on mining sector
The downing of the Russian Airbus in Sinai made the presence of tourists increasingly scarce.
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Egyptian Billionaire Naguib Sawiris Makes $100 Million from Sale of Mining Company
With this acquisition, the Sudanese government now has full control and ownership of the mining firm.
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Egypt to pass mining and industrial land laws next week -minister
Investors say they have still only seen the general outlines of promised legal and bureaucratic reforms.
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Egypt targets mining sector with new consulting company
Egypt's Ministry of Petroleum has signed a memorandum of understanding with SRK Consulting to set up a consultation and technical services company.
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Egypt's mining exports to Canada hits EGP659m in Q1
Despite the fall, Canada is still capturing the lion's share of Egyptian mining products.