Egyptian Petroleum Minister Tarek El Molla stressed the importance of achieving optimum efficiency and value added of the processing of the country’s mineral wealth, while also implementing appropriate policies and regulations and attracting investments.

Iran is opening up $29b worth of mining projects to foreign investors promising to generate more revenue than crude.

The Egyptian Mineral Resources Authority (EMRA) is waiting for a security approval to begin a bidding round for exploration tenders for multiple locations and many different kinds of metals in the Eastern Desert and Sinai, said geologist Amr Tiama.