Friday, December 5, 2025

Egypt Launches Int’l Gold Mining Auction

Local Media

Egypt Launches Int’l Gold Mining Auction

Egypt was set to launch an international auction for gold exploration activities in 5 sites in the Eastern Desert.  State-owned Shalateen Mining Company launched the action for exploration, as international mining companies were invited to participate in the auction for gold excavation a production-sharing system.

Egypt intensifies its efforts for scaling up investments in mining activities. The company has already issued the financial and technical data and specifications brochures to be available on its website.

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