Mining News
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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.
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Shares suspended in gold mining firm Centamin after court voids contract
Flagship Sukari gold mine still operational as company plan an appeal but investors send shares down 50%.
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Middle East digs deep to attract investors in mining
The MENA-region countries will focus on the industry to tap into rich resources.
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Ministry to implement second phase of North Coast de-mining project
The ministry has received various offers from foreign countries, including Germany & New Zealand, to finance the second phase.
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Egypt Stocks: EFG-Hermes, Lecico Egypt and Asec Co. for Mining
Despite Asec Co. for Mining, EFG-Hermes, and Lecico dropping, EGX30 gained 0.4% yesterday.