Shalateen | Egypt Oil & Gas

Shalateen Negotiations with Sawiris Come to a Stop

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

New Gold Discovery in the Eastern Desert

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a discovery of Commercial Gold mine in Aiqat region at the Eastern Desert of Egypt.

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