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Egypt, AngloGold Ashanti discuss new investments in Eastern Desert gold exploration

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met in London with Managing Director and Vice Chair of the Sukari Gold Mines Hoda Mansour, to discuss further investment by AngloGold Ashanti in the country’s gold mining sector.

Updated 12/3/2025 9:19:00 AM
Egypt Mining Forum 2025 kicks off July 15th

The fourth edition of the Egypt Mining Forum 2025 launches today, July 15th, in Cairo and will be held for two days until July 16th.

Updated 7/15/2025 7:37:00 AM
Madbouly reviews AngloGold Ashanti’s expansion plans in Egypt's mining sector

Prime Minister Mostafa Madbouly met with officials from AngloGold Ashanti to explore business plans, future expansions, and opportunities to enhance cooperation in the mining sector.

Updated 5/8/2025 8:31:00 AM
EMRA, AngloGold Ashanti sign agreement to tap gold in Egypt's Eastern Desert

The Egyptian Mineral Resources Authority (EMRA) and AngloGold Ashanti penned a model agreement to exploit gold ore and associated minerals in certain areas of Egypt’s Eastern Desert.

Updated 4/22/2025 7:40:00 AM
Badawi, AngloGold Ashanti review investment plans in Egypt's mining sector

Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from global gold mining company AngloGold Ashanti to discuss investments in the Sukari gold mine

Updated 3/20/2025 10:32:00 AM
Badawi discusses Sukari mine investments with AngloGold Ashanti

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with AngloGold Ashanti's CEO Alberto Calderon to discuss investments in the Sukari gold mine.

Updated 2/6/2025 7:36:00 AM
Egypt, AngloGold Ashanti sign draft agreement to boost gold exploration

The Ministry of Petroleum and Mineral Resources has signed a draft agreement with the South African mining giant AngloGold Ashanti to explore gold ore, signaling a new phase of investment and cooperation in the country’s gold mining sector.

Updated 12/5/2024 7:37:00 AM
AngloGold to acquire Centamin in November

Centamin Plc and NYSE-listed miner AngloGold Ashanti have approved the terms of a recommended acquisition of Centamin.

Updated 10/30/2024 9:17:00 AM
ECA nods to AngloGold Ashanti’s offer to acquire Centamin

The Egyptian Competition Authority (ECA) has greenlit NYSE-listed miner AngloGold Ashanti’s $2.5 billion offer to acquire Centamin.

Updated 10/16/2024 8:59:00 AM
Sukari Gold Mine operations unaffected by AngloGold Ashanti’s Centamin takeover: Petroleum Ministry

The Ministry of Petroleum and Mineral Resources confirmed that recent acquisition of Centamin, the sole owner of the Pharaoh Gold Mines, by AngloGold Ashanti will not affect Egypt’s rights or revenues from the Sukari Gold Mine.

Updated 9/12/2024 6:54:00 AM
AngloGold Ashanti to acquire Centamin in $2.5B deal

South African AngloGold Ashanti will acquire Centamin PLC, the operator of Egypt’s largest gold mine Sukari, in a $2.5 billion stock and cash deal.

Updated 9/10/2024 12:44:00 PM