Egypt signs framework for mining terms with Barrick Gold …

CAIRO - 25 July 2023: Egypt's Ministry of Petroleum announced reaching an agreement with Barrick Gold and Centamin on the commercial, fiscal, and legal terms for Model of Minerals Exploitation Agreement (MMEA) on a number of concession blocks awarded to the two companies in the international bid round for exploration of gold and associated …

Iqat gold mine will start production in 4Q2022 | Enterprise

Production at the Iqat gold mine could begin in 4Q2022, the chairman of the state-owned Shalateen Mining Company told Bloomberg Asharq on the sidelines of the Egypt Mining Forum yesterday. The deposit is estimated to hold around 1.3 mn ounces of gold, and USD 300 mn has so far been invested, Ashraf El Amir told the news service. …

Gold Mining in Egypt – Vast Unexplored Deposits

Gold mining in Egypt dates back to the predynastic times. We have all seen the gold ornaments and jewelry worn by the Egyptian pharaohs. ... Gold mining in the recent past has been on and off until 2009 when the Egyptian government gave out licenses to international partners to do the exploration in the eastern districts. For …

Centamin takes charge of Sukari underground gold mine

Sukari, Egypt's sole gold-exporting mine and the first large-scale modern gold operation in the North African nation, contributes up to $900 million a year to the country's gross domestic product.

Egypt opens gold assets to foreign companies, first time …

Egypt will hold this Sunday its first international tender for gold mining concessions, most of which are located in Sinai and the Eastern Desert, the Egyptian Mineral Resources Authority (EMRA ...

Egypt started experimental production at 'Iqat' gold mine: …

Iqat is one of three gold mines in Egypt in production, he explained. In 2022, Egypt's first large-scale modern gold mine Sukari, which was established in 2009, celebrated its five millionth ...

How Gold Is Mined | Gold Mining Process | World Gold …

The gold mining operation stage represents the productive life of a gold mine, during which ore is extracted and processed into gold. Processing gold involves transforming rock and ore into a metallic alloy of substantial purity – known as doré – typically containing between 60-90% gold. During its life, a number of factors – such as the ...

Sukari Gold Mine | Egypt Oil & Gas

El Molla: Sukari Gold Mine Production Reaches 5.2M Ounces, $7.5B Revenues. Wednesday, 22nd March 2023. by Sarah Samir. During the inspection tour of the Sukari mine in the Eastern Desert, El Molla explained that the growth of research and exploration activities in Egypt's mining areas in light of the entry of international mining ...

Gold–sulfide mineralization in the Sir Bakis mine area

General setting. The Sir Bakis gold mine is located in the Central Eastern Desert (CED) of Egypt, southwest of Semna and Abu Marwat gold mines (Fig. 1).The mine area, also known as "Gidami", is located northwest of Gebel El-Aradiya, between latitudes 26° 21′ 52.32″ and 26° 24′ 47.03″ N, and longitudes 33 25′and 33 28′ 57.44″ E …

3rd Egypt International Mining Show

Egypt is home to a wealth of mineral resources including gold, copper, silver, zinc, platinum and a number of other precious and base metals. With an estimated 6.7 million ounces of gold, 48 million tons of tantalite …

Occupational health hazards in the Sukari Gold Mine, Egypt

Sukari gold mine is located in the south-easterly region of the Eastern Desert of Egypt, approximately 700 km from Cairo, 25 km from the Red Sea coast, and occupies an area of 160 km 2, as illustrated in Fig. 1 (Botros, 2004, Helmy et al., 2004).SGM began its output in 2009 with production ramping up towards 500 koz (10 3 Ounces) per annum …

Iqat Gold Mine Starts Commercial Production Trials

Iqat Gold Mine Starts Commercial Production Trials. Tuesday, 21st March 2023. by Sarah Samir. Minister of Petroleum and Mineral Resources Tarek El Molla announced the commencement of trials of commercial production of gold from the Iqat site in southern Egypt, the ministry said in a statement. The Iqat site comes as a culmination …

Home | Aton Resources Inc.

Aton Resources is a gold exploration and development company located in Egypt's Arabian-Nubian Shield. Focused on its Abu Marawat Concession, Aton is the …

3rd Egypt International Mining Show

Egypt is home to a wealth of mineral resources including gold, copper, silver, zinc, platinum and a number of other precious and base metals. With an estimated 6.7 million ounces of gold, 48 million tons of tantalite (fourth largest reserves in the world), and 50 million tons of coal, Egypt has the potential to be one of the top mining jurisdictions in the world.

B2Gold : Egypt awards 11 companies concessions in mining bid …

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. ... Though Egypt has a history of gold-mining stretching back to the pharaohs, it has only one commercial gold mine, Centamin's Sukari, which contributes up to $900 …

New Egyptian Mining Regulatory Framework Agreed

The MMEA terms align with a modern, international mining code comparable to other jurisdictions. ... The Company's flagship asset is the Sukari Gold Mine ("Sukari"), Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009 Sukari has produced over 5 million ounces of gold ...

Gold Mine International (Egypt Team) | Cairo

Gold Mine International (Egypt Team), Cairo, Egypt. 291 likes. ‎نانا‎

Shalateen Mineral Resource Company | Eqat Gold Mines

The commercial discovery of gold ore and its associated minerals was announced in Eqat area - Gabal Eqat Concession with an area of (176 km²) on 29/07/2020 with a 95% extraction ratio to produce more than 1.4 million ounces of gold within 10 years. Starting production in Eqat area:- Soon.

All you need to know about Iqat gold mine

The deposit of Iqat Mine is estimated to hold around 1.3 mn ounces of gold. Expected direct investments in 2030 from $300 million to $1 billion. Egyptians are working against the clock to extract gold from the Iqat mine located in the Eastern Desert, the Ministry of Petroleum and Minerals announced in 2020.

Integrated studies to identify site-specific parameters for

The Sukari Gold Mine (SGM) in the Central Eastern Desert of Egypt is the largest gold mine in the Arabian-Nubian Shield (ANS) and the first modern mining operation in Egypt and in the ANS to use cyanidation in gold processing. Thus, lessons learned from this study will be relevant to the growing and prosperous gold mining …

(PDF) Gold in Egypt

overseeing mining activities and grantin g licenses for exploration and exploita tion. 8.3 Economic Significance: The development of gold mining projec ts in Egypt has the potential to contrib ute ...

Egypt's Iqat Gold Mine to Begin Production in Q4 2022

On the sidelines of Egypt Mining Forum 2022, the Chairman of Shalateen Mining Company Ashraf El Amir said that he expects that the Iqat gold mine will start production during Q4 2022. In an interview with Al Sharq Bloomberg, El Amir declared that the Iqat has reserves estimated at 1.3 million ounces of gold, noting that the investments …

Egyptian mining regulations: structure for mining concessions

The MMEA terms align with a modern, international mining code comparable to other jurisdictions. The MMEA does not apply to the 160 km 2 Sukari Gold Mine mining concession, which operates independently under the Sukari Concession Agreement, ratified by parliament under Egyptian Law No. 222 of 1994.

Egypt awards 11 companies gold exploration blocks in …

Egypt awards 11 companies gold exploration blocks in mining bid round. Egypt's Minister of Petroleum, Mining, and Mineral Resources Tarek el-Molla reportedly …

EGYPT : Mining companies prove stand-offish as Cairo …

Cairo is trying to attract more international operators into gold mining and has issued a new call for applications for mining rights. The call could fall short of its …

The Golden Year of Egypt's Mining Sector | Egypt Oil & Gas

El Molla 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 gold in Egypt. The winning companies included; Centamin, Barrick Gold, Lotus Gold Corporation, B2Gold, Red Sea Resources, AKH Gold, and SRK Consulting.

Sukari Gold Mine | Centamin

Today, Sukari is Egypt's first large-scale modern mine; served by smooth tarmac roads, off-grid power, solar and a 25km water pipeline fed by the Red Sea. The landscape and …

"The Mine Of The Dead": Inside Egypt's Desert Gold War

Estimates put the reserves of the Sukari mine, one of the biggest mines in the Eastern Desert, at around six million ounces of gold alone. The price of a single ounce of gold in Egypt is now over $1,900. The potential payout from these rich gold reserves means these fishermen are not alone.

Granitoid-associated gold mineralization in Egypt: a case …

Abstract and Figures. Gold-bearing sulfide-quartz veins cutting mainly through the Atalla monzogranite intrusion in the Eastern Desert of Egypt are controlled by subparallel NE-trending brittle ...

6000 years of gold mining in Egypt and Nubia

The gold occurrences described in this study are located in the Precambrian basement of Egypt and Sudan, also called the Arabian–Nubian shield (ANS), which extends from the river Nile eastwards towards the Arabian Peninsula. To the south, the continuation of the ANS is the Mozambique Belt (Vail, 1988). It is generally accepted that …

New Legislation and Enthusiasm Leads to Egyptian Gold …

Egypt announced on Friday a global bid for exploration and exploitation of gold and associated minerals for the first time in 2023 in five Eastern Desert regions through Shalateen Mineral Wealth Company …