Minister of Petroleum and Mineral Resources, Tarek El Molla met with the Canadian Ambassador to Cairo, Louis Dumas, where they discussed the latest developments in the mining sector and reviewed the latest updates of the Canadian companies activities in the fields of oil, gas, mining, and petrochemicals in Egypt, according to press release.
During the meeting, El Molla referred to the two international bid rounds that were launched for gold mining and attracted an unprecedented turnout. He also highlighted the role of the legislative reforms in developing the mining sector and that work is still ongoing in structural reforms and developing strategies to explore other minerals. He also stressed the importance of providing training to the workers in the mining sector, as well as providing geological data through digital platforms to maximize the added value of Egypt’s mineral wealth.
Additionally, El Molla affirmed that the mineral resources sector in Egypt is looking forward to benefiting from the distinguished technical expertise of the Canadian companies in the mining and mineral resources field.
For his part, Dumas praised the developments in Egypt’s oil, gas, and mining sector, stressing that Egypt will remain a pivotal country in the Middle East and Africa. He also referred to the success of several Canadian companies to win areas to explore gold in Egypt in the latest bid rounds.