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Egypt’s mining compact still waiting on money and maps
Egypt wants mining at 6% of GDP, but it’s waiting on survey data on where to dig and clarification on…
Gov’t and World Bank commit to raise minerals’ contribution to GDP to 6% by 2030 and mineral exports to USD 9.8 bn by 2040
Plus: The state clears PPP tenders for two large desalination plants in Suez and Port Said
Consumer lenders can no longer finance gold, and analysts weigh what that says about how Egyptians save
Analysts say borrowing to buy gold turns a hedge into a leveraged trade, while deposit and inclusion data show trust…
Fertiglobe weighs a USD 1.5 bn-plus phosphate fertilizer complex in Ain Sokhna
The Adnoc-controlled producer is eyeing 1.3 mn tons a year of DAP by 2031, adding to a growing list of…
What stands between Egypt’s mineral finds and its next new mines
Egypt targets mining at 5-6% of GDP by 2030, but investors and explorers say it first needs survey data, local…
> Why European central banks are relocating gold reserves out of North America
The Dutch and French central banks have tapped London to take on their goal as the market offers deep liquidity…
Open-sector delivers: Shalateen and Saudi Gold Refinery reveal Eastern Desert roadmaps
The first awards under the new open-sector mining system were confirmed at this week’s forum, but names are not out…
Ankh + Red Sea Resources tap Canada’s TSX to fund exploration drive
Good morning, folks. Four stories on the docket today, so let’s lock in — new regulations for credit guarantee companies,…
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