Mining | Egypt Oil & Gas - Part 9

Egypt, Côte d’Ivoire to Boost Cooperation in Energy

Egypt’s Ambassador to Abidjan, Wael Badawi, met with Thomas Camara, Ivorian Minister of Mines, Oil, and Energy, to discuss ways of promoting cooperation between Egypt and Cote d’Ivoire in the energy and mi...

Centamin Awards Sukari Solar Plant Contracts to Juwi AJ, Giza Systems

Centamin company announced that it has awarded engineering, procurement and construction (EPC) contract for establishing solar farm of 36 megawatt in addition to 7.5-megawatt battery-energy storage system at the Sukar...

Sukari Ramps up Production by 53% in Q1 2021

The Sukari gold mine ramped up production by 53% in Q1 2021 compared to Q4 2020, amounting the total production to 104,047 ounces (oz), according to a press release . Centamin, the operating company of the mine, added...

Aton Prepares to Drill Hamama, Rodruin Prospects

Aton Resources began evaluating drilling contractors and civil works contractors in preparation for drilling Hamama and Rodruin prospects. The company has obtained a loan of C,000,000 from Moonrider to be repaid on th...

Aton Appoints Assem Soliman as New Director 

Canada’s Aton Resources has appointed Assem Soliman as the new Director of the company effective immediately, according to a statement published on Aton’s website  Soliman is an Egyptian business entrepren...

Centamin Awards Capital Drilling New Contract, Extends Another

Centamin awarded Capital Drilling (Egypt) LLC with a conditional open-pit waste mining services contract for the East wall in addition to expanding and extending its existing drilling contract at Sukari gold mine. The...

Shalateen Negotiations with Sawiris Come to a Stop

Negotiations between the government and Naguib Sawiris, the Egyptian businessman, over acquiring a 51% stake in the state-owned Shalateen mining company, have come to a stop, Minister of Petroleum and Mineral Resource...

El Molla Announces Gold Bid Round Results, Launches New Tender

Tarek El Molla, Minister of Petroleum and Mineral Resources, announced the results of Egypt’s gold bid round, where 11 national and international mining companies won the rights for exploring 82 concession areas for g...

Aton Closes First Tranch of Private Placement at $160,000 

Aton Resources has closed the first tranche of $160,000 from its previously announced non-brokered private placement, according to a statement. The first tranche included a total of 400,000 units issuing each unit for...

Aton to Drill Abu Gaharish Concession in 2021

Aton Resources has announced plans to drill Abu Gaharish concession by January 2021, President and CEO Mark Campbell stated. Per the statement, the Abu Gaharish is believed to be of similar quality of the world-class ...

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