The meeting focused on strengthening bilateral cooperation for the upcoming phase, backing the company’s expansion plans in research and exploration, and scaling up its investments in Egypt, thereby helping to unlock the promising geological potential of the Eastern Desert.

Elsharkawi reaffirmed Egypt’s commitment to strengthening cooperation with international mining companies, improving the investment climate, and supporting exploration activities to maximize the economic value of the country’s mineral resources.

AngloGold Ashanti acquired its stake in Sukari in 2024 through its acquisition of an Egypt-focused gold mining company, Centamin, and has since worked with the MRMIA to expand production and extend the mine’s operating life. It is an independent, global mining company with a diversified portfolio of operations, projects, and exploration activities across ten countries.

During the third quarter (Q3) of 2026, AngloGold completed evaluations across four regional targets, Wadi Alam, Wadi Khariga, Abu Fanani and Kab Alabyad, and is conducting an ongoing assessment of the Little Sukari project, located about 27 kilometers (km) east of the operating Sukari gold mine within the Nugrus Block.