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Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
Oil Ministry reaches framework mining agreement with key gold players
The Oil Ministry, Centamin, and Barrick reached agreements on commercial, fiscal, and legal terms
Centamin, Barrick to ink seven gold exploration licenses
The government will receive 50% of the profits from any commercial discoveries
The opening of the Djoser tomb tops coverage in the foreign press
Never ones to ignore a good bit of Egyptology news, the foreign press was all over yesterday’s opening of the…
Canada’s Barrick inks four gold exploration contracts
Canadian miner Barrick Gold has inked four gold exploration contracts with a combined USD 8.8 mn with the Oil Ministry,…
Two new gold exploration contracts set to be signed
The government is set to sign two gold exploration contracts with two companies, Al Mal reported yesterday afternoon, citing an…
Signed, sealed, and delivered
Another four mining companies signed yesterday 10 new gold exploration contracts worth a combined USD 11 mn with the Oil…
11 companies awarded 82 gold exploration blocks in gov’t tender
The results of Egypt’s latest gold + mineral exploration auction are here: Eleven mining companies have been awarded 82 gold…
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