AngloGold Ashanti | Egypt Oil & Gas
AngloGold Expands Gold Exploration in Egypt’s Eastern Desert
Denver-based major gold mining firm AngloGold Ashanti expects to resume exploration at its Nugrus and Najd blocks in Egypt’s Eastern Desert in the third quarter (Q3) of 2026 after halting work in March. The comp... Sukari Mine Hits 232,000 oz Gold Output in H1, On Track for 2026 Target
Sukari Gold Mine, jointly owned by the US-based AngloGold Ashanti and the Egyptian government, produced 232,000 ounces (oz) of gold in the first half of 2026, keeping production firmly on track to meet its full‑year t...
Badawi: Egypt to Launch “Exceptional”Mining Forum Edition in September
From inside the Sukari Gold Mine, one of the world’s largest, Karim Badawi, Minister of Petroleum and Mineral Resources, announced the launch of an “exceptional” edition of the Egypt International Mining ... AngloGold Ashanti Gross Profit from Sukari Mine Jumps 80% in Q1 2026
AngloGold Ashanti’s Sukari mine in Egypt delivered gross profit of $292 million in the first quarter (Q1) of 2026, marking an 80.25 % increase from its level in Q1 2025. Moreover, the total cash cost per ounce of gold...
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 Chairwoman ...
Madbouly, AngloGold Discuss Plans to Increase Sukari Mine Output
Prime Minister Mostafa Madbouly reviewed operational developments at the Sukari gold mine in a meeting with AngloGold Ashanti, the mine operator. The meeting was attended by Karim Badawi, Minister of Petroleum and Min...
Egypt Reaps $295M from Sukari Gold Mine in 2024
Egypt’s revenues from the Sukari Gold mine during 2024 amounted to $295.2 million. This is divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGol... AngloGold Ashanti Doubles its Earnings, Cash Flows in Q2 2025
The global gold mining company, AngloGold Ashanti, reported more than a 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. Th...
