There are still conditions to fulfill before closing the deal that would make AngloGold the world’s fourth largest gold ...
Last month, AngloGold Ashanti sealed a $2.5 billion deal to acquire Centamin. The move will give the South African company control of Egypt's largest gold mine, which can produce up to 500,000 ounces ...
The Sukari Gold Mine’s (SGM) production rose 30% year on year (YoY) during the third quarter (Q3) of 2024 to 131,700 ounces, ...
AngloGold Ashanti (NYSE:AU) said Tuesday that Egyptian competition authorities approved its proposed $2.5B acquisition of ...
Discovery of new oil and gold deposits in Egypt In February of the current year, Egypt, as conveyed by Hurghada 24, produced its first gold bar derived from domestic mining. The precious metal was ...
Sudan itself is rich in gold, and many of the refugees crossing into Egypt have already worked as irregular gold miners. Some ...
Iqat is one of three gold mines in Egypt in production, he explained. In 2022, Egypt’s first large-scale modern gold mine Sukari, which was established in 2009, celebrated its five millionth ...
TSX- and LSE-listed Centamin increased production at its flagship Sukari mine, in Egypt, by 30% year-on-year to 131 726 oz in ...
The Egyptian Competition Authority has approved AngloGold Ashanti's proposed buyout of Centamin, which owns and operates the Sukari gold mine, in Egypt. The two gold producers last month announced ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
A bus carrying university students crashes, killing 12 and injuring 33 in Egypt's northeast.
Hundreds of people marched through Ghana's capital Accra on Friday in a peaceful protest against unlicensed gold mining, ...