3 Firms Await Egypt’s Parliament Return To Obtain Franchises; Official Says

Dr. Mosaad Hashim, the chairman of Egyptian Mineral Resources Authority (EMRA), asserted that there are 3 firms awaiting the return of the People’s Assembly (Lower House) in order to get its approval to obtain franchises to start the exploration and the extraction of gold.

In an exclusive statement to Amwal Al Ghad, Hashim further said the 3 firms are Z-Gold Exploration Inc., MICA Star For Mining,  and Vertex Gold Trading Limited.
 Franchise agreements rely on passing an new act of which the country’s parliament should approve first, Hashim noted.