The Minister of Petroleum and Mineral Resources Tarek El Molla has announced that Egypt intends to construct the first gold refinery with costs reaches $100 million as a part of its strategy to develop the Egyptian mining sector.
Ministry of Petroleum and Mineral Resources aims to raise the contribution of the mining sector to the gross domestic product (GDP) to 5% over the next two decades.
Minister of Petroleum and Mineral Resources, Tarek El Molla, announced that Egypt’s mining sector has set a robust plan targeting mining exports worth $10 billion by 2040, which will boost this sector exports estimated currently with $1.6 billion
The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced the launch of the third batch of the Human Capacity Development in the Mining Sector program, which implemented by the Egyptian Mineral Resources Authority (EMRA) in cooperation with Enppi, as part of developing and modernizing the mining sector program.
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.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Iraqi Minister of Industry and Minerals, Manhal Aziz, has discussed the ways of bilateral cooperation in the mining sector during the upcoming period and how to benefit from the Egyptian experience and the big opportunities in the Iraqi market.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has met with Glenn Miles, Australia’s Ambassador to Egypt, to discuss the pandemic’s impact on the global gas market and mining activities in Egypt.
The Minister of Petroleum and Mineral Resources, Tarek El Molla, and the Minister of Environment, Yasmine Fouad, followed up on the environmental compliance and reform plans concerning the industrial drainage issue facing petroleum companies operating in the Gulf of Suez and Alexandria.
The Ministry of Petroleum and Mineral Resources is planning to launch 10 mining bid rounds to be rolled out every three to four months, Tamer Abu Bakr, the Head of the Petroleum and Mining Industries Chamber in the Federation of Egyptian Industries (FEI) stated.
The House of Representatives approved a bill that allows the Ministry of Petroleum and Mineral Resources (MoP) to exploit quarries and salines that fall within the jurisdiction of the New Urban Communities Authority and in all governorates.
