EMRA | Egypt Oil & Gas - Part 5

Egypt Signs 10 New Contracts for Gold Exploration with $11 MM

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of 10 new contracts for gold exploration with investments more than $11 million. El Molla assured the success of gold bid rounds f...

El Molla Receives Newly Formed AmCham Mining Committee

The Minister of Petroleum and Mineral Resources, Tarek El Molla, received the mining committee delegation of the American Chamber of Commerce in Egypt (AmCham), which was recently formed for the first time in the Cham...

Altus Expands Gold Exploration Activities in Eastern Desert

Altus Strategies Plc announced that the subsidiary AKH Gold Limited will be awarded gold exploration licenses in the Eastern Desert by the Egyptian Mineral Resources Authority (EMRA). Steven Poulton, Chief Executive o...

Egypt Signs 5 Gold Exploration Contracts with $13 MM Investments

The Minister of Petroleum and Mineral Resources, Tarek El Molla, witnessed the signing of five gold exploration contracts for Canadian and Egyptian companies with the Egyptian Mineral Resources Authority (EMRA) with $...

Egypt Establishes First Phosphate Company Under Free Zone System 

Abu Tartour for Phosphoric Acid Production Company was founded after the approval of its establishment was issued by the prime minster’s decision No. 16 of 2020 to become the first company to operate with the fr...

Centamin Revenues Soar by 56% in H1 2020

Centamin’s revenues reached $449 million in H1 2020 compared to $288 million in H1 2019, increasing by 56% year-on-year (YoY), according to a press release. Per the statement, Centamin’s production increased by 9%, pr...

New Gold Discovery in the Eastern Desert

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a commercial gold discovery in the Eastern Desert, with estimated reserves exceeding one million ounces of gold and an extraction rate of 95%,...

Aton Obtains License Extension to Explore at Abu Marwat Concession

Aton Resources announced that it requested and has been granted a three-year extension to the final exploration period of its exploration license at its Abu Marwat concession, according to a press release. The company...

Several Companies Request Geological Maps for Gold Mining

The Deputy Minister for Mineral Resources Affairs, Alaa Khashab said that many companies had requested from the Egyptian Mineral Resources General Authority (EMRA), to obtain the geological maps and the studies relate...

Egypt to Launch International Bid Round for Mining

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the launch of the first international bid round for gold mining in 2020, according to a press release. This was announced during a press confe...

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