Shalateen Negotiations with Sawiris Come to a Stop

• Sunday, 22nd November 2020
• by Editorial Team

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...

New Gold Discovery in the Eastern Desert

• Tuesday, 30th June 2020
• by Fatma Ahmed

The Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a commercial gold discovery in the Eastern Desert, with estimated reserves exceeding one million ounces of gold and an extraction rate of 95%,...