Martin Horgan, CEO of Centamin, said that Egypt has witnessed enormous changes since his existence in Egypt four years ago and it has great opportunities that will be good to be invested, confirming the continuous support to the company’s operations in Egypt.
The Minister of Petroleum and Mineral Resources Karim Badawi has met with the international as well as the Egyptian companies which are responsible for the establishment of the Diesel Production Complex project to follow up on the implementation progress. The project is under construction in Assiut and affiliated to Assiut National Oil Processing Company (ANOPC).
The Minister of Petroleum and Mineral Resources Karim Badawi has met with his Jordanian Counterpart, Saleh Al-kharabsheh, on the sidelines of the Egypt Mining Forum, discussing how to support and foster the cooperation between the two countries in the oil, gas, and mineral resources fields.
On the sidelines of Egypt Mining Forum, the Minister of Petroleum and Mineral Resources Karim Badawi has witnessed the signature of several cooperation protocols in the mining sector.
On the sidelines of Egypt Mining Forum, the Minister of Petroleum and Mineral Resources Karim Badawi has joined a panel discussion entitled “Diversifying the Economy through Egypt’s Untapped Mineral Wealth” in participation of the Minister of Environment Yasmine Fouad and the Minister of Finance Ahmed Kouchouk, highlighting the remarkable role of cooperation between the ministries to diversifying economy.
Minister of Petroleum and Mineral Resources Karim Badawi said that Egypt has praised the essential role played by international companies working in the field of mining in Egypt and their effective contributions, especially in providing advanced technologies, modern techniques, and expertise.
During his speech at the Egypt Mining Forum (EMF), the CEO of Centamin Company, Martin Horgan expected extraction of 5 million ounces of gold during the next decade.
The Minister of Petroleum and Mineral Resources Karim Badawi said that Egypt currently owns 7.3 million ounces of gold and it has produced about 560,000 ounces of gold during the fiscal year (FY) 2023/24 in addition to 17.5 million tons of other minerals.
The Minister of Petroleum and Mineral Resources Karim Badawi has met with the CEOs and representatives of the International Oil Companies that are working in Egypt, reviewing the current situation of the petroleum industry in Egypt in addition to the challenges and how to solve them.
The Egyptian Natural Gas Holding Company (EGAS) announced the receive of five shipments of liquified natural gas (LNG) as part of the contracts that the government signed to provide the needed fuel for the power stations and stop electricity load reduction plan.
