Mining | Egypt Oil & Gas - Part 10
Centamin Suspends Operations at Sukari Pit
Centamin has announced that it will suspend its operations in the Sukari open-pit Stage 4 West wall after detecting movement in a localized area of waste material, according to a press release. The preventative measur...
Total Lubrifiants Expands Presence in Lubricants Market
Total Lubrifiants, the world’s fourth-largest international lubricants company, has announced the acquisition of Lubrilog SAS, according to a press release. This acquisition will help solidify Total Lubrifiants’ posit...
Aton Borrows $77,000 from Bridge Loan Facility
Aton Resources Inc. drew an additional $77,000 pursuant to its bridge loan facility with Ou Moonrider, according to a press release. A portion of the fund will go towards the company’s Abu Marawat Concession, and the ... Aton Cedes 25% of Abu Marawat Concession
Aton Resources Inc. ceded 25% of its fully-owned Abu Marawat concession located in the Eastern Desert, according to a press release. The Egyptian Mineral Resources Authority (EMRA) has approved the relinquishment on J... Centamin Appoints Hennie Faul as Non-Executive Director
Centamin company announced the appointment of Henrik “Hennie” Faul to the board as a non- executive director starting from 1st of July 2020, a press release reported. According to the new position, Hennie will chair t...
New Saudi Mining Project to Increase Non-Oil GDP by 3%
A new Saudi mining project is expected to increase the country’s gross domestic product (GDP) by $6.4 billion and its non-oil GDP by 3%, Reuters reported. King Salman bin Abdulaziz inaugurated the Waad Al Shamaal mini...
El Molla Meets Cameroon’s Minister of MINMIDT
Egypt’s Minister of Petroleum and Mineral Rescores, Tarek El Molla, met with Cameroon’s Minister of Mines, Industry, and Technological Development (MINMIDT), Ernest Gbwaboubou, and his accompanying delegat...
Tarek El Molla Flew to Canada for PDAC Convention
A press release to Egypt Oil&Gas stated that Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, is participating in the Prospectors and Developers Association of Canada (PDAC) Convention, i...
