On 13th Nov.2024, Eng. Karim Badawi, Minister of Petroleum and Mineral Resources, received a delegation from AngloGold Ashanti and Centamin Corporations, after the entry of AngloGold into the Egyptian market as a partner to the Egyptian Mineral Resources Authority (EMRA) in Al - Sukari gold mine following its acquisition of Centamin Corporation.
The meeting included senior officials from the two companies, namely Marcelo Pereira da Silva, Senior Vice President of AngloGold, Martin Horgan, CEO of Centamin, and Amr Hassouna, CEO of Sukari and Centamin Egypt.
The Minister welcomed AngloGold as a new investor in the Egyptian Mining Sector, noting the government's aspiration for a strategic partnership in the Sukari gold mine and its confirmation of its commitment to developing an attracting environment for investment and enhancing environmental sustainability in the Mining Sector. He also referred to the target of increasing the Sector's contribution to the GDP by supporting cooperation and facilitating investment.
Da Silva stressed the significance of investing in Egypt, which represents a great opportunity, pointing out his company's keenness on a long-term partnership in the Sukari mine and its efforts to unlock more potential in the mine, while Horgan praised Egypt's mining potential and that it is on the verge of a new renaissance in successful field.
Eng. Karim Badawi during his talks with a delegation from AngloGold Ashanti and Centamin Corporations-2
Eng. Karim Badawi during his talks with a delegation from AngloGold Ashanti and Centamin Corporations-3
Eng. Karim Badawi during his talks with a delegation from AngloGold Ashanti and Centamin Corporations-4
