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Egypt seeks investors to unlock 7.3 million tons of gold reserves

Photo by Ahmed Ezzat @ Unsplash | Cairo, Egypt
Photo by Ahmed Ezzat @ Unsplash
  • Cairo eyes 800,000 ounces in annual gold output by 2030
  • AngloGold, Centamin, and UK’s Nubia Mines among partners advancing mining push

 

CAIRO, EGYPT – Egypt is ramping up efforts to attract global investment into its gold sector, aiming to lift the mining industry’s share of GDP from 1% to 5% and exploit an estimated 7.3 million tons of reserves.

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