Minister of Petroleum and Mineral Resources, Karim Badawi, met with Shailender Sinha, (MAusIMM), Vice President of Exploration at the UAE-based International Resources Holding (IRH), and Conrad Alderton, IRH Principal Geologist.This is the last in a series of meetings between Badawi and the company’s officials this month.

During the meeting, Badawi pinpointed that the ministry is preparing to conduct a comprehensive nationwide geological survey and inventory, leveraging cutting-edge technology to identify all of Egypt’s mineral resources.

The primary goal of this extensive program is to create a complete and accessible database of geological information for potential investors. Minister Badawi noted that this survey is a key part of Egypt’s broader strategy to modernize its mining industry, which also includes the launch of a new digital portal. This online platform will provide investors with quick and easy access to geological data and mining investment opportunities, streamlining the process for those looking to enter the market.

Meanwhile, IRH’s representatives presented their expertise in providing preliminary services for aerial surveys, which are a crucial first step before a full aerial geological survey. Following this discussion, both parties agreed to form joint working groups to prepare for the signing of a memorandum of understanding (MoU) to formalize their cooperation, with the agreement expected to be finalized early next month.

Earlier this week, Badawi met with Vineet Mehra, CEO of International Resources Holding Company (IRH) Global Trading, to discuss collaboration in financing and mining. During the meeting, an agreement was reached to set a timeline for implementing the stages of cooperation in the fields of financing and mining.

IRH is a dynamic natural resources company that operates across the entire mining value chain, from extraction to processing. Their portfolio includes a diverse range of metals and minerals.