Endeavour buys rival Teranga to create new top 10 senior gold producer
Canada’s Endeavour Mining, 24.12 percent owned by the Sawiris family, announced on Monday it had agreed to buy…
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mining
Sawiris hopeful talks to buy stake in Egyptian mining firm to conclude in ‘few weeks’
Egyptian billionaire Naguib Sawiris said on Sunday he is hopeful that negotiations to acquire a 51 percent stake in…
Saudi Arabia separates industry and mining from energy ministry
Saudi Arabia has formed a new ministry for industry and mineral resources, separating it from the kingdom’s…
Egyptian billionaire Naguib Sawiris eyes mining investments at home with new law
Egyptian billionaire Naguib Sawiris is looking to invest in gold and copper mining in Egypt, Reuters reported on…
Mining industry to contribute $7 bln to Egypt’s GDP by 2030 – minister
Egypt expects the contribution of its mining sector to the gross domestic product to rise to $7 billion by 2030,…
Egypt aims for bigger mining industry contribution to GDP in 5 years
Egypt aims to boost its mining sector’s share in gross domestic product (GDP) to 2 percent in the coming five…
Saudi Arabia and Egypt sign MoU for oil experience exchange
Egypt and Saudi Arabia have signed a memorandum of understanding (MoU) for the exchange of petroleum and mining…
President Sisi establishes economic zone for Egypt’s Golden Triangle
Egypt's President Abdel Fattah al-Sisi issued on Monday a decree to establish an economic zone for Egypt’s Golden…
Egypt oil minister flies to Canada for World’s largest mineral event PDAC
Egyptian Minister of Petroleum Tarek el-Molla flew to Toronto on Saturday to attend the world’s leading mineral…
Egypt’s oil, gas, mining investments 3.9% up in Q1 of FY2016/17: sources
Egypt’s investments in oil, gas, and mining sectors rose 3.9 percent to $15 billion during the first quarter of…