Canadian companies are eying Egypt’s mining sector with interest

Many Canadian companies are interested in investing in Egypt and expanding their investments in the mining sector, according to the recently-appointed Canadian ambassador to Cairo, Louis Dumas.

He also noted that at several Canadian companies were awarded gold exploration blocks in the international tender launched last year.

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, met with the recently-appointed Canadian ambassador to Cairo, Louis Dumas, to explore the possible means to develop and boost the mining sector in Egypt especially after the success of the recently-launched international gold tender.

The two sides discussed the activities of Canadian companies operating in the oil, gas, mining, and petrochemicals sectors in Egypt.