The amount of gold remaining in Egyptian mines amounts to at least 25 million ounces (or over 781 tons), said Nagi Farag.
11.01.2024
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Ahram Online
Alkhorayef affirmed the joint commitment to strengthen collaborative mining efforts and facilitate the private sector’s investment in mining.
11.01.2024
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Ahram Online
Centamin PLC on Tuesday said that its eastern Egyptian desert exploration programme had yielded an "encouraging set of maiden drill results".
10.01.2024
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Understanding the dynamics at play sheds light on Egypt's unique gold market situation. Here are some key insights into Egypt's gold price state.
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Egypt Business Directory
The Ministry of Supply and Internal Trade has issued 282 violation reports related to the control of markets dealing with precious metals.
03.01.2024
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In a significant development, the price per gram of gold in Egypt reached 3050 Egyptian pounds on Sunday, December 24, 2023.
25.12.2023
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Dahab Masr projects that the price of 21-carat gold in Egypt will cross EGP 3,000 before mid-2024, as indicated in their technical analysis report.
21.12.2023
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Ahram Online
Global gold mining company Centamin has raised its estimates of gold reserves in Egypt's largest producing mine by 10 percent.
20.12.2023
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Ahram Online
The gold and jewellery sector occupies a prominent role in Egyptian manufacturing, owing to its rich heritage and exceptional quality.
12.12.2023
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Daily News Egypt
Egyptian businessman, Naguib Sawiris announced, through a tweet on X, that the initial drilling aims to cover 10,000 meters within two months.
08.12.2023
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Egypt Today
Ihab Wassef, the head of the Gold and Precious Ores Division, announced this target at the Nubia International Gold and Jewelry Exhibition.
30.11.2023
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Chairman John Luca told Zawya Projects that company will invest EGP500 million ($16 million) to develop production capacity.
28.11.2023
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Zawya
Lotus won two rounds of a gold exploration tender by the EMRA in 2020 and 2021 for exploration concessions in a total area of 1,219 square kilometres.
27.11.2023
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During the launch promotion, these coins are offered at an attractive price of EGP 2500 for the 8-gram variant and EGP 620 for the 2-gram variant.
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Egypt Business Directory
The gold holdings of the Central Bank of Egypt (CBE) increased by 6 percent to EGP 249.64 billion ($8.08billion) in October from EGP 235.64 billion.
23.11.2023
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Ahram Online
Last May, Prime Minister Dr. Mostafa Madbouly issued a decision to exempt gold imports from customs taxes and other fees. This decision expired.
14.11.2023
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