Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the  signing of a $ 5.2 million contract between the Egyptian Mineral Resources Authority (EMRA) and  the British company Nubian Mines for gold exploration in the Eastern Desert, according to press release.

El Molla stated that this contract came within the framework of proceeding with inking contracts with 11 companies that were awarded 82 gold exploration blocks in Eastern Desert in the international bid round for gold exploration  with total investments of $60 million.

The signing ceremony was attended by Alaa Khashab, Deputy Minister for Mineral Resources, Khaled El Shishtawy, Chairman of the EMRA and his deputy, Yasser Ramadan, and representatives of the Nubian Mines Company.