Egypt set to announce new gold exploration tender in early 2025

Egypt set to announce new gold exploration tender in early 2025
Source: Enterprise Egypt

The Egyptian Ministry of Petroleum, led by Minister Karim Badawi, is set to launch a new gold and associated minerals exploration bidding process in the first quarter of 2025. This announcement came during a meeting with officials from South Africa’s AngloGold Ashanti, where discussions centered on the ongoing exploration and drilling operations in Egypt’s Sukari gold mine, following AngloGold’s recent acquisition of Centamin, the mine’s former owner.

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