Egypt's Mining Sector Seeks Growth Through Barik Gold Partnership

On April 11, 2025, Egypt's Minister of Petroleum and Mineral Resources, Karim Badawi, engaged in a significant meeting with a delegation from Barik Gold Company. The delegation included notable figures such as Henry Awonslo, the Exploration Director, and Nadia Sant Gin, the General Operations Manager. The meeting took place at the Ministry's headquarters in the new administrative capital, underscoring the Egyptian government’s commitment to bolstering its mining sector.

During the session, Badawi outlined the ministry's strategic efforts aimed at enhancing the contribution of the mining sector to the nation's gross domestic product (GDP). Currently, this contribution stands at a modest 1%, but the ministry's goal is to elevate it to between 5% and 6%. This ambitious target reflects a broader initiative to revitalize Egypt's mineral resources sector, which has been identified as a key area for economic growth.