A comprehensive overview of the mining industry of Egypt - including minerals, stones, gold and other earth resources, as well as the latest industry news.
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The mining sector aims to increase its contribution to Egypt’s Gross Domestic Product (GDP) from the current 1% to 5-6%.
17.11.2024 SIS
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The minister emphasized Egypt’s goal to transform its mining sector, noting its current contribution of approximately 1 percent to the national GDP.
14.11.2024 Egypt Today
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The CBE said that this balance was at US$9.384 billion, equivalent to about LE448 billion, at the end of April, and the increase is about LE 101 bln.
13.11.2024 Egypt Independent
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The bid round will cover over 200 areas in the region, with the aim of attracting international mining companies and investors.
11.11.2024 Cairo Scene
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The country plans to launch the website early in the first quarter of 2025, Badawi said.
10.11.2024 agbi
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On Tuesday, global gold prices increased by 0.22 percent compared to Monday, reaching $2,743 per ounce, according to Gold Price.
06.11.2024 Ahram Online
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Gold mining company Centamin's shareholders have approved the company’s acquisition by South Africa's AngloGold Ashanti, with 98 percent.
30.10.2024 Ahram Online
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Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity at a time of heightened geopolitical uncertainty.
21.10.2024 Ahram Online
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The deal would make the South African gold miner the world’s fourth largest producer of the precious metal as it hands it the key to the Sukari mine.
17.10.2024 mining
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Meanwhile, the global price of gold closed at $2,657 per ounce, achieving a weekly gain of $1, or 0.2%.
14.10.2024 see news
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