AngloGold Ashanti | Egypt Oil & Gas

Badawi, AngloGold Discuss Expanding investment, Training Cooperation

During an official visit to London as the head of the Egypt‑UK business mission for mining, Minister of Petroleum and Mineral Resources Karim Badawi held talks with Hoda Mansour, Managing Director and Vice Chairwo ...

Madbouly, AngloGold Discuss Plans to Increase Sukari Mine Output

Mostafa Madbouly, Prime Minister, reviewed operational developments at the Sukari gold mine in a meeting with AngloGold Ashanti, operator of the mine. The meeting was attended by Karim Badawi, Minister of Petroleu ...

Egypt Reaps $295M from Sukari Gold Mine in 2024

Egypt received $295.2 million total from the Sukari Mine during 2024. This was divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGold Ashanti's dis ...

AngloGold Ashanti Doubles its Earnings, Cash Flows in Q2 2025

The global gold mining company,  AngloGold Ashanti, reported more than  100 per cent increase in both its earnings and free cash flow in the second quarter of 2025 (Q2 2025) compared to the same period last year. ...

Badawi Meets International Stakeholders during Egypt Mining Forum

On the sidelines of the 4th edition of the Egypt Mining Forum (EMF), Minister of Petroleum and Mineral Resources, Karim Badawi, held a meeting with Gillian Doran, CFO and Executive Director at AngloGold Ashanti; a ...

$2bn Sukari Gold Mine Poised for Growth: Madbouly

The deposits in Sukari Gold mine (SGM) are expected to exceed the initial estimates as shown by recent prospecting studies, Prime Minister Mostafa Madbouly stated following his two-day field visit to the mine in M ...

Madbouly Inspects Sukari Gold Mine, Reveals Plans to Develop the Mining Sector

Prime Minister, Mostafa Madbouly conducted a site visit to Sukari Gold Mine (SGM) in Marsa Alam, where he met with executives from AngloGold Ashanti,co-owner of SGM, alongside Minister of Petroleum and Mineral Res ...

AngloGold Ashanti Expands Investment in Egypt with New Gold Exploration Deal

Minister of Petroleum and Mineral Resources Karim Badawi attended the signing ceremony of a model agreement for the exploitation of gold ore and associated minerals in certain areas of Egypt's Eastern Desert, betw ...

Badawi Reviews Key Mining Investment Opportunities with AngloGold Ashanti

Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from AngloGold Ashanti, an investor in the Sukari Gold Mine in the Eastern Desert, to review the sector's latest efforts to attract an ...

Badawi, AngloGold Ashanti CEO Hold Talks to Review Current Mining Agreement

Minister of Petroleum and Mineral Resources Karim Badawi held a meeting with Alberto Calderon, CEO of AngloGold Ashanti reviewing the latest developments of the exploitation agreement the two parties had previousl ...

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