Egypt places international bid for Eastern Desert gold ...Egypt

The Egyptian Ministry of Petroleum and Mineral Resources plans to launch an international bid for gold exploration, on Monday, allowing Egypt the rights to explore for gold in the Eastern Desert through the state-run Shalateen Mineral Resource Company (SMRC). The company opens the door to bid for gold exploration in the Eastern Desert from Monday until August 10. Areas offered for exploration will be Fatiri, Baramiyah, Oqoud, Umm Oud and Hamata. Egypt seeks to pump an investment of nearly one billion US dollars in the mining sector by 2030, in order to expand the use of mineral resources. The Egyptian General Authority for Mineral Resources owns 35 percent of the SMRC, which will launch the

Hence then, the article about egypt places international bid for eastern desert gold was published today ( Sunday 09/04/2023 - 02:16 PM ) and is available on EGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt places international bid for Eastern Desert gold )

Also on site :

• Sam’s Club is Selling a Giant Bag of Lucky Charms Marshmallows For Just $9–and There’s a Magical Surprise Inside
• G7 considering licensed arms production in Ukraine: Why now?
• Target’s ‘Stylish’ Accent Chair With a Built-In Pet Nook Is 53% Off Ahead of Circle Deal Days