{"id":653095,"date":"2017-01-29T05:50:47","date_gmt":"2017-01-29T05:50:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/emra-shows-no-intention-of-amending-terms-of-gold-bid-round\/"},"modified":"2017-01-29T05:50:47","modified_gmt":"2017-01-29T05:50:47","slug":"emra-shows-no-intention-of-amending-terms-of-gold-bid-round","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/emra-shows-no-intention-of-amending-terms-of-gold-bid-round\/","title":{"rendered":"EMRA shows no intention of amending terms of gold bid round"},"content":{"rendered":"

<\/a> The government has indicated it has no intention of amending the terms of the gold bid round issued by the Egyptian Mineral Resources Authority (EMRA) or moving to a tax and royalty system, Reuters<\/a> reported. \"For those who find the bid round suitable for them under these terms, they are welcome in Egypt. For those who don't find them suitable, I don't want to hear anyone's advice,\" EMRA\u2019s head Omar Taima says. David Hall, CEO of Thani Stratex Resources, reiterated comments he made last week<\/a>, saying junior firms are unlikely to enter the round based on the high bonus payments alone. Omar El Alfy, head of precious metals at Qalaa Holdings agrees, saying \u201cunfortunately the terms don't seem to be getting any better \u2026 The framework that's currently on offer in Cairo isn't really attractive for the smaller players to really get involved and hence the reason you've only got one gold mine.\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The government has indicated it has no intention of amending the terms of the gold bid round issued by the Egyptian Mineral Resources Authority (EMRA) or moving to a tax and royalty system, Reuters reported. \"For those who find the bid round suitable for them under these terms, they are welcome in Egypt. For those […]<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-653095","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"545f9fc3-d740-483b-86c9-56401307703a","order":"0","is_powered_by":true,"section_story_id":"430e16dd-9af4-4a5e-b95e-f51e4f202fe6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[653062],"teaser":"","voice_url":""},"yoast_head":"\nEMRA shows no intention of amending terms of gold bid round - 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\/01\/29\/emra-shows-no-intention-of-amending-terms-of-gold-bid-round\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EMRA shows no intention of amending terms of gold bid round\" \/>\n<meta property=\"og:description\" content=\"The government has indicated it has no intention of amending the terms of the gold bid round issued by the Egyptian Mineral Resources Authority (EMRA) or moving to a tax and royalty system, Reuters reported. 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El Saie succeeds Omar Taima, who was at loggerheads with the largest gold explorers in the country over the terms of the most recent gold exploration tender. Centamin, Aton Resources, and\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":572461,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/emra-extends-intl-gold-and-mineral-exploration-bid-round-by-2-months\/","url_meta":{"origin":653095,"position":1},"title":"EMRA extends int\u2019l gold and mineral exploration bid round by 2 months","author":"enterpriseam admin","date":"25 June 2020","format":false,"excerpt":"EMRA extends int\u2019l gold and mineral exploration bid round by 2 months: The Egyptian General Authority for Mineral Resources (EMRA) will extend the year's first international gold and mineral exploration bid period by two months to 15 September because of the covid-19 pandemic, an Oil Ministry statement said on Wednesday.\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":651321,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/09\/emra-chiefs-response-to-critics-of-gold-tender-well-see-on-20-april\/","url_meta":{"origin":653095,"position":2},"title":"EMRA chief\u2019s response to critics of gold tender: we\u2019ll see on 20 April","author":"enterpriseam admin","date":"9 February 2017","format":false,"excerpt":"EMRA chief\u2019s response to critics of gold tender: We\u2019ll see on 20 April. 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