Arab Finance: The Egyptian Mineral Resources Authority (EMRA) has inked a contract with the Canadian company Aton Resources for the exploitation of gold ore and associated minerals in the Abu Marawat area of the Eastern Desert, Ministry of Petroleum and Mineral Resources stated on January 17^th.

The authority also struck another deal with the UK-based Akh Gold to search for gold in an 350-square-kilometer area in the B'ar Asel and Gabal Al-Mayat areas in the Eastern Desert.

Minister Tarek El-Molla said the reforms that were implemented in the Egyptian mining sector’s work system contributed to attracting investments from international companies to search for gold and precious metals.

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