Economy Gold in Egypt ... a step that has not...

Gold in Egypt … a step that has not happened for 10 years

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According to the company’s website, it won a company "Centamin" It was licensed in Egypt in 2005, and no license has been issued since then.

Last year, she adopted Egypt A new mining law, in an effort to encourage mineral exploration and production in the country.

It was a company "Centamin" Mining, last year, announced its annual decline in precious metal production at its main mine in Egypt during 2018, due to turmoil in its operations and the low quality of crude in its open mines.

The company produced 472,418 ounces of gold in its Sukari mine in Egypt, throughout that year.

Some exploration companies estimate Gold reserves Potential in the mineral-rich eastern Egyptian desert alone is more than 300 tons, while the government is reluctant to give any estimates.

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According to the company’s website, Centamin obtained its license in Egypt in 2005, and no license has been issued since then.

Last year, Egypt adopted a new mining law, in an effort to encourage mineral exploration and production in the country.

The company, “Centamin” Mining, announced last year that its annual production of precious metal decreased its main mine in Egypt during 2018, due to turmoil in its operations and the low quality of crude in its open mines.

The company produced 472,418 ounces of gold in its Sukari mine in Egypt, throughout that year.

Some prospecting companies estimate the potential gold reserves in the eastern mineral-rich desert of Egypt alone at more than 300 tons, while the government is reluctant to give any estimates.

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