{"id":642057,"date":"2017-08-06T03:53:21","date_gmt":"2017-08-06T03:53:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/"},"modified":"2017-08-06T03:53:21","modified_gmt":"2017-08-06T03:53:21","slug":"we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/","title":{"rendered":"We will not invest in exploration in Egypt under current terms -Centamin"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Gold miner Centamin will not invest further in exploration in Egypt if the tender <\/strong>terms offered by the Egyptian Mineral Resources Authority are not changed<\/strong>, CEO Andrew Pardey told Reuters\u2019 Eric Knecht<\/a>. \u201cIf the new bid round they keep talking about comes out with the same terms as the previous one, we will not be participating in it \u2026 Under the right terms we would definitely be keen to do more exploration in Egypt given we are established in Egypt and know how it operate,\u201d Pardey says. Knecht notes that it is not clear if the commercial terms for the Golden Triangle area will be similar to the previous tender or would incorporate \u201ca more common royalty and tax arrangement favoured by miners.\u201d Centamin reported lower 2Q2017 profits and output but expects a stronger 2H2017.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Gold miner Centamin will not invest further in exploration in Egypt if the tender terms offered by the Egyptian Mineral Resources Authority are not changed, CEO Andrew Pardey told Reuters\u2019 Eric Knecht. \u201cIf the new bid round they keep talking about comes out with the same terms as the previous one, we will […]<\/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-642057","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3c9d1a7b-9838-4b2a-ab4c-c93d8da0aceb","order":"0","is_powered_by":true,"section_story_id":"830bc74b-081b-489a-9491-b5ff2af116d9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[642044],"teaser":"","voice_url":""},"yoast_head":"\nWe will not invest in exploration in Egypt under current terms -Centamin - 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\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We will not invest in exploration in Egypt under current terms -Centamin\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Gold miner Centamin will not invest further in exploration in Egypt if the tender terms offered by the Egyptian Mineral Resources Authority are not changed, CEO Andrew Pardey told Reuters\u2019 Eric Knecht. \u201cIf the new bid round they keep talking about comes out with the same terms as the previous one, we will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-06T03:53:21+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"We will not invest in exploration in Egypt under current terms -Centamin\",\"datePublished\":\"2017-08-06T03:53:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\"},\"wordCount\":148,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/06\/we-will-not-invest-in-exploration-in-egypt-under-current-terms-centamin\/\",\"name\":\"We will not invest in exploration in Egypt under current terms -Centamin - 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The Egyptian Mineral Resources\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/235.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569066,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/12\/egypt-to-launch-international-gold-exploration-tender-by-the-beginning-of-march\/","url_meta":{"origin":642057,"position":1},"title":"Egypt to launch international gold exploration tender by the beginning of March","author":"enterpriseam admin","date":"12 February 2020","format":false,"excerpt":"Egypt to launch international gold exploration tender by the beginning of March: The government will launch an international gold exploration and mining tender for areas in the Eastern Desert by the end of this month or early March, Al Mal reports, citing an unnamed source. This will be the first\u2026","rel":"","context":"In "Speed Round"","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\/164.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569325,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/20\/centamin-to-consider-bidding-on-the-mineral-resources-authoritys-upcoming-tender\/","url_meta":{"origin":642057,"position":2},"title":"Centamin to consider bidding on the Mineral Resources Authority\u2019s upcoming tender","author":"enterpriseam admin","date":"20 February 2020","format":false,"excerpt":"INVESTMENT WATCH- Centamin \"prepared\" to invest more in Egypt\u2019s mining, waiting on details of int\u2019l gold tender: Centamin is waiting on more details on the Mineral Resources Authority\u2019s upcoming international gold exploration and mining tender before deciding whether or not to participate, but is \u201cprepared\u201d to invest more in Egypt\u2019s\u2026","rel":"","context":"In "Speed Round"","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":642057,"position":3},"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 "Speed Round"","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":[]},{"id":576362,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/22\/11-companies-awarded-82-gold-exploration-blocks-in-govt-tender\/","url_meta":{"origin":642057,"position":4},"title":"11 companies awarded 82 gold exploration blocks in gov\u2019t tender","author":"enterpriseam admin","date":"22 November 2020","format":false,"excerpt":"The results of Egypt\u2019s latest gold + mineral exploration auction are here: Eleven mining companies have been awarded 82 gold exploration blocks in the Eastern Desert under an Oil Ministry tender launched earlier this year, Minister Tarek El Molla said in a statement on Thursday. 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