Keyword: "egypt"

Mining News Pro - Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, Petroleum Minister Tarek El Molla said on Thursday.

Mining News Pro - Egypt’s Ministry of Petroleum and Mineral Resources revealed on Tuesday the discovery of a gold deposit with estimated resources of 1 million ounces, worth about $1.8 billion at today’s prices.

Mining News Pro - Egypt-focused gold miner Centamin said on Wednesday that operations at its Sukari gold mine remained unaffected by covid-19, adding it had stockpiled enough critical supplies to last until the end of June.

Mining News Pro - Egypt plans to launch an exploration round for gold in its Eastern Desert in the first half of March, an official at the mineral resources authority said on Sunday.

Mining News Pro - Egyptian billionaire Naguib Sawiris said on Sunday that he was holding talks to acquire a 51% stake in the state-owned Shalateen mining company.

Mining News Pro - Egypt will invite international gold-mining companies to take part in a new exploration tender after the North African country eased the rules to woo investors, according to a person familiar with the matter.

Mining News Pro - Egypt issued new regulations that appear to eliminate the need for mining companies to form joint ventures with the Egyptian government and to limit state royalties to a maximum 20%, measures long advocated by the private sector.

Mining News Pro - Egypt’s biggest steel producer, Ezz Steel has recently unveiled its performance for the first half (H1) from Jan to Jun’18 of CY18 and if we analyse the company’s consolidated earnings, the same has recorded a significant increase of 164% y-o-y basis backed by the strong local demand.

Mining News Pro - Ancient Egyptian copper objects. Photo from Frederik W.Rademakers` research paper.

Mining News Pro - According to the latest Central Bank of Egypt (CBE) data, April was the most favourable month for the country’s rebar market in the first half of 2018 as its domestic sales surged 21% Y-o-Y basis during the month to 633,300 tonnes.

Mining News Pro - After the haphazard movement in Egypt’s rebar prices in the month of Mar and Apr’18, no variation can be seen since then. According to the SteelMint sources, the rebar prices continue to remain unchanged over the past two months

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