Abu Marawat Gold Mines to begin production next year
Gold exploration Regarding the allocation of approximately 70 percent of the areas in the latest tender to gold exploration, Ibrahim noted that this attracts a significant number of investors, driven by the rapid evolution and sharp surges in global gold prices.
The Head of Abu Marawat Gold Mines, Ayman Ibrahim, announced that Egypt’s mining sector is witnessing an unprecedented phase of streamlined processes and expedited procedures, with the Abu Marawat Gold Mines readying to begin production by next year.
Speaking on the sidelines of a mining conference, Ibrahim explained that the “open block” system—introduced during the latest mineral resources tender—has brought about a qualitative shift in the mining sector.
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