Eastern Desert Development24 Apr 2025 06:28
In recent news, AngloGold Ashanti plc (NYSE:AU) officially inked a model agreement with the Egyptian Mineral Resources Authority (EMRA) to exploit gold ore and associated minerals in various areas in the eastern desert of Egypt.
According to Karim Badawi, Egypt’s Minister of Petroleum and Mineral Resources, the deal marked the new beginning for the mining sector and will open horizons for other international players to bolster mining in gold and other minerals.
Source Insider Monkey