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Thursday, 09 April 2020

Egypt approves first gold mining licence in more than a decade

Reuters , Thursday 13 Feb 2020
Centamin gold mining (Ahram)
File photo of Centamin gold mining in Egypt (photo: Ahram)
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Egypt has approved a mining licence for Aton Resources Inc, the Canada-based gold miner said on Thursday, the first such award since the country’s main gold producer Centamin secured a licence more than a decade ago.

Centamin received its mining licence in 2005, according to its website.

Egypt passed a new mining law last year in a push to encourage more exploration and mineral production. 

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