Minister of Petroleum and Mineral Resources, Tareq El Molla, witnessed the Egyptian Mineral Resources Authority (EMRA) signed a $ 5.2 million contract with the British company Nubian Mines on gold exploration in the Eastern Desert, according to press release.

The Egyptian Mineral Resources Authority (EMRA) announced to extend the deadline of the bid rounds for gold exploration in its second round to be on Saturday May 15, 2021 at 12 pm Cairo time instead of mid-March.

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.

The Minister of Petroleum and Mineral Resources, Tarek El Molla, stated that the ministry aims to increase contribution in the mining sector to reach 5% during the next five years. He also reviewed the ministry’s road map of mining sector‘s achievements and development starting form 2018 before the Industry Committee in the House of Representatives.