Latest news with #EgyptianMineralResourcesAuthority
Zawya
22-04-2025
- Business
- Zawya
EMRA, AngloGold Ashanti sign agreement to tap gold in Egypt's Eastern Desert
Arab Finance: The Egyptian Mineral Resources Authority (EMRA) and AngloGold Ashanti penned a model agreement to exploit gold ore and associated minerals in certain areas of Egypt's Eastern Desert, according to a statement. Minister of Petroleum and Mineral Resources Karim Badawi highlighted that this deal marks a new beginning for the mining sector, and will open horizons for other international mining companies to inject new investments in the exploitation of gold and associated minerals. On her part, Hoda Mansour, Managing Director and Vice Chairman of the Sukari Gold Mine (SGM) and the representative of AngloGold Ashanti in Egypt, lauded the developments in the Egyptian mining sector and the efforts of EMRA and the Petroleum ministry in easing obstacles for the company and investors to accelerate operations. Mansour affirmed that the agreement represents a new phase in expanding AngloGold Ashanti's investments in Egypt. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
24-02-2025
- Business
- Zawya
SLB eyes lithium mining opportunities in Egypt
Chairperson of the Egyptian Mineral Resources Authority (EMRA), Yasser Ramadan, met with representatives from SLB (formerly Schlumberger) to discuss potential collaboration in lithium extraction and critical minerals, in a move to strengthen Egypt's mining sector. The Saturday meeting took place on the sidelines of the EGYPES 2025 conference in Cairo. The SLB delegation included Strategic Programme Manager Kamel El-Khouly and Nicolas Louganskii. Discussions centred on the importance of lithium extraction, considered a priority amid the global shift towards clean energy. El-Khouly expressed SLB's interest in cooperating with EMRA. Nicolas Louganskii highlighted the company's results in the field, revealing its development of an integrated solution for lithium production through direct lithium extraction (DLE), which it said produces lithium faster than traditional methods. He added that operational results have demonstrated high lithium recovery from brine. Ramadan said that EMRA welcomes collaboration with SLB, particularly given the company's expertise and innovative solutions for extracting critical minerals such as lithium. He added that EMRA is giving significant attention to studying potential lithium deposits in Egypt. The meeting concluded with an agreement for a potential memorandum of understanding (MoU) between EMRA and SLB, in cooperation with the Egyptian General Petroleum Corporation (EGPC) and the South Valley Egyptian Petroleum Holding Company (Ganope), to study lithium deposits in Egypt. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
Daily News Egypt
22-02-2025
- Business
- Daily News Egypt
SLB eyes lithium mining opportunities in Egypt following meeting
Chairperson of the Egyptian Mineral Resources Authority (EMRA), Yasser Ramadan, met with representatives from SLB (formerly Schlumberger) to discuss potential collaboration in lithium extraction and critical minerals, in a move to strengthen Egypt's mining sector. The Saturday meeting took place on the sidelines of the EGYPES 2025 conference in Cairo. The SLB delegation included Strategic Programme Manager Kamel El-Khouly and Nicolas Louganskii. Discussions centred on the importance of lithium extraction, considered a priority amid the global shift towards clean energy. El-Khouly expressed SLB's interest in cooperating with EMRA. Nicolas Louganskii highlighted the company's results in the field, revealing its development of an integrated solution for lithium production through direct lithium extraction (DLE), which it said produces lithium faster than traditional methods. He added that operational results have demonstrated high lithium recovery from brine. Ramadan said that EMRA welcomes collaboration with SLB, particularly given the company's expertise and innovative solutions for extracting critical minerals such as lithium. He added that EMRA is giving significant attention to studying potential lithium deposits in Egypt. The meeting concluded with an agreement for a potential memorandum of understanding (MoU) between EMRA and SLB, in cooperation with the Egyptian General Petroleum Corporation (EGPC) and the South Valley Egyptian Petroleum Holding Company (Ganope), to study lithium deposits in Egypt.
