Egypt eyes investment in 3 basic sectors in South Sudan

Sun, 10 Jul 2022 - 11:35 GMT

Egypt's Ambassador to Juba Moataz Mostafa Abdel Qader met earlier this week with South Sudanese Minister of Trade and Industry Kuol Athian.

Geologist calls for revival of 'Imperial Marble Quarry' at Egypt's Golden Triangle

Mon, 09 May 2022 - 11:56 GMT

It is located western Red Sea's Safaga town in the Eastern Desert.

Egypt reveals plans to establish industrial cities in Eastern Desert, Sinai

Mon, 17 Jan 2022 - 01:27 GMT

Egyptian Minister of Petroleum Tariq el-Molla revealed that the country is planning to establish some industrial cities in the Eastern Desert and Sinai in order to achieve added value to the mineral resources, during the International Mining Conference in Saudi Arabia.

Egypt's profits from Sokary Gold Mine over past decade are $550M

Tue, 13 Jul 2021 - 12:09 GMT

Currently, the company is working towards the target of producing 400,000 and 430,000 gold bars by the end of 2021.

Egypt, Nigeria agree to exchange information on mineral extraction

Mon, 23 Nov 2020 - 11:08 GMT

In a similar context, the spokesperson added that the ministry had invited tenders for a gold mining opportunity in Egypt.

Egypt, Nigeria seek to boost cooperation in mining activities

Wed, 18 Nov 2020 - 11:19 GMT

The meeting took up projects designed for joint action with the aim to best benefit from riches of both countries in light of promising investment opportunities, Molla said in statements.

Sisi urges formulating strategic vision to develop mining sector in Egypt: Presidency

Sun, 12 Jul 2020 - 10:47 GMT

Sisi highlighted the importance of this vision in helping the exploration of mineral resources nationwide.

Ministry discloses updated Egyptian petrochemicals plan 2020-2035

Mon, 25 May 2020 - 04:06 GMT

The Ministry of Petroleum disclosed on Monday the updated version of the National Plan for Petrochemical Industries taking place between 2020 and 2035.

10 companies place bids in Egypt's gold exploration auction conducted on March 15-July 15

Tue, 19 May 2020 - 03:20 GMT

Sources told Egypt Today that 10 companies purchased the applications of the international gold exploration auction announced by Egypt earlier this year.

Passenger’s attempt to smuggle 4 gold, metal detectors thwarted

Sat, 16 Nov 2019 - 10:44 GMT

The passenger was coming from Dubai.

Egypt's Sawiris eyes mining opportunities at home with new law

Tue, 27 Aug 2019 - 12:15 GMT

The law has been approved but final details are yet to be published in the official gazette.

Saudi Arabia targets $64B in mining revenue by 2030

Mon, 26 Nov 2018 - 11:59 GMT

Mining vast untapped reserves of bauxite, phosphate, gold, copper and uranium is key to the Saudi Arabia’s efforts to diversify its economy away from hydrocarbons.

Egypt chairs Arab Industrial Development and Mining Organization

Mon, 26 Nov 2018 - 10:32 GMT

President Abdel Fatah al-Sisi inaugurated the 15 Arab International Mineral Resources Conference taking place on November 26-28.

Five miners killed in fire at South African copper mine

Sun, 15 Jul 2018 - 09:07 GMT

Five miners died on Sunday in a fire at a South African copper mine operated by unlisted Palabora Mining Company, the company said in a statement.

Peru will not 'impose' mining projects on communities -prime minister

Thu, 19 Apr 2018 - 01:20 GMT

The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them.

EMRA receives $14.4M in revenues from Sukari mine in January

Sun, 18 Mar 2018 - 02:12 GMT

The Egyptian Mineral Resource Authority (EMRA) has received around $14.4 million in revenues from the Sukari gold mine in January 2018.

Global mining deals jump 15% by value in 2017: EY

Tue, 20 Feb 2018 - 07:57 GMT

The value of global mining and metals deals hit a four-year high in 2017, according to accountancy firm EY.

Australian amb: Egypt has tremendous possibilities in mining

Tue, 13 Feb 2018 - 10:53 GMT

Australian Ambassador to Egypt Neil Hawkins said that Egypt has tremendous possibilities in the mining sector.

Sukari gold mine’s reserves rise to 8M ounces

Thu, 11 Jan 2018 - 01:19 GMT

The mine’s gold reserves rose to eight million ounces, after production increased by one million ounces in the period between June 2015 to June 2017.

Business News Wrap-up

Sun, 07 Jan 2018 - 04:57 GMT

A wrap-up of the most prominent business news of the day