{"id":627662,"date":"2018-06-07T04:19:07","date_gmt":"2018-06-07T04:19:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/"},"modified":"2018-06-07T04:19:07","modified_gmt":"2018-06-07T04:19:07","slug":"clarification-on-economic-model-for-the-egyptian-gold-mining-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/","title":{"rendered":"Clarification on economic model for the Egyptian gold mining industry"},"content":{"rendered":"\n<p><strong>CLARIFICATION-<\/strong> Regarding our piece <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/05\/aton-moves-one-step-closer-to-obtaining-exploitation-license-on-hamama-west-concession\/\">earlier this week<\/a> on plans for the overhaul of the economic model for mining in Egypt, Wood Mackenzie <a href=\"http:\/\/sis.gov.eg\/Story\/127069?lang=en-us\">has been contracted<\/a> by an affiliate of the Petroleum Ministry to lead on the study, not by players in the industry themselves. Per the State Information Service in March of this year: \u201cUnder the contract, Wood Mackenzie will study the mining sector in Egypt and lay out an appropriate development strategy by August. Enppi company will offer needed logistic and technical support for the consultancy group.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CLARIFICATION- Regarding our piece earlier this week on plans for the overhaul of the economic model for mining in Egypt, Wood Mackenzie has been contracted by an affiliate of the Petroleum Ministry to lead on the study, not by players in the industry themselves. Per the State Information Service in March of this year: \u201cUnder [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627662","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"45d71387-adb7-4d8a-9d2f-639f972035eb","order":"0","is_powered_by":true,"section_story_id":"4f52e8c0-59a1-4ef6-a9ce-c140cd658478","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627646],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Clarification on economic model for the Egyptian gold mining industry - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Clarification on economic model for the Egyptian gold mining industry\" \/>\n<meta property=\"og:description\" content=\"CLARIFICATION- Regarding our piece earlier this week on plans for the overhaul of the economic model for mining in Egypt, Wood Mackenzie has been contracted by an affiliate of the Petroleum Ministry to lead on the study, not by players in the industry themselves. Per the State Information Service in March of this year: \u201cUnder [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-07T04:19:07+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Clarification on economic model for the Egyptian gold mining industry\",\"datePublished\":\"2018-06-07T04:19:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\"},\"wordCount\":98,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/07\/clarification-on-economic-model-for-the-egyptian-gold-mining-industry\/\",\"name\":\"Clarification on economic model for the Egyptian gold mining industry - 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These include oil and gas-style production sharing\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631650,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/wood-mackenzie-to-develop-studies-backing-egypts-future-mineral-resources-development-strategy\/","url_meta":{"origin":627662,"position":1},"title":"Wood Mackenzie to develop studies backing Egypt\u2019s future mineral resources development strategy","author":"enterpriseam admin","date":"25 March 2018","format":false,"excerpt":"In other news from the natural resources industry: Wood Mackenzie has been tapped to conduct studies for government\u2019s mineral resources development strategy. State-owned oil services outfit Enppi has tapped global energy research and consultancy firm Wood Mackenzie to conduct studies for Egypt\u2019s mineral resources development strategy, according to a Oil\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621849,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/19\/mineral-resources-act-sent-to-house-for-review\/","url_meta":{"origin":627662,"position":2},"title":"Mineral Resources Act sent to House for review","author":"enterpriseam admin","date":"19 November 2018","format":false,"excerpt":"LEGISLATION WATCH- Amendments to Mineral Resources Act sent to House: The government has sent long-awaited draft amendments to the Mineral Resources Act to the House of Representatives for review, Oil Minister Tarek El Molla said. El Molla reiterated that the amendments were made primarily to draw investments in the flagging\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/627.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604469,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/04\/emra-to-hand-over-gold-exploration-concessions-after-mineral-resources-act-is-amended\/","url_meta":{"origin":627662,"position":3},"title":"EMRA to hand over gold exploration concessions after Mineral Resources Act is amended","author":"enterpriseam admin","date":"4 December 2018","format":false,"excerpt":"EMRA to hand over concessions from 2017 gold tender after Mineral Resources Act is amended: The Egyptian Mineral Resources Authority is holding off on handing over the five concessions awarded in its 2017 gold exploration tender until after the amendments to the Mineral Resources Act are finalized and passed, an\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627562,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/aton-moves-one-step-closer-to-obtaining-exploitation-license-on-hamama-west-concession\/","url_meta":{"origin":627662,"position":4},"title":"Aton moves one step closer to obtaining exploitation license on Hamama West concession","author":"enterpriseam admin","date":"5 June 2018","format":false,"excerpt":"Canada\u2019s Aton Resources has moved one step closer to obtaining an exploitation license on its Hamama West gold concession, the company announced in a press release. The Toronto Stock Exchange-listed firm submitted a study by Wardell Armstrong International on the concession to the Egyptian Mineral Resources Authority, a crucial step\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569155,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/16\/egypt-awards-aton-resources-gold-mining-rights\/","url_meta":{"origin":627662,"position":5},"title":"Egypt awards Aton Resources gold mining rights","author":"enterpriseam admin","date":"16 February 2020","format":false,"excerpt":"Aton Resources gets Egypt\u2019s first new gold exploration license in 15 years: Egypt has approved an application from Vancouver-based Aton Resources for an exploitation license at Hamama, the company said in a statement (pdf). Aton will mine for gold in the Eastern Desert\u2019s Hamama region under a 20-year license with\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/2\/201.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=627662"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627662\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627646"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627662"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627662"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}