Centamin eyes new gold mine in Egypt after Burkina Faso exit: Martin Horgan

South Africa News News

Centamin eyes new gold mine in Egypt after Burkina Faso exit: Martin Horgan
South Africa Latest News,South Africa Headlines
  • 📰 TheAfricaReport
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 55%

The Canadian miner’s CEO says the company aims to retain its Sukari joint venture with the government and later develop a new mine that it fully owns in Egypt.

Centamin Plc will be seeking to solely own and operate a new gold mine in Egypt after the ratification of the model mining exploitation agreement , which is slated for the last quarter of 2023, says CEO Martin Horgan.

Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheAfricaReport /  🏆 29. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

To raise scarce dollars, Egypt looks to pension plans, draft evadersTo raise scarce dollars, Egypt looks to pension plans, draft evadersEgypt is offering a minimum $5,000 fee for Egyptians living abroad who wish to clear their military service obligations and a U.S. dollar pension plan also aimed at its citizens abroad, in a series of fresh measures designed to boost foreign currency inflows.
Read more »

Rights groups appeal for justice over 2013 Egypt sit-in killingsRights groups appeal for justice over 2013 Egypt sit-in killingsRights groups called on Monday for accountability over the deaths of hundreds of people killed in a single day 10 years ago when Egyptian security forces dispersed a protest against the ouster of the country's first democratically elected president.
Read more »

UAE's Al Dahra, Abu Dhabi fund sign $500 mln deal to supply wheat to EgyptUAE's Al Dahra, Abu Dhabi fund sign $500 mln deal to supply wheat to EgyptUAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) signed a $500 million deal to supply Egypt with wheat, a statement said on Monday.
Read more »

Africa: Military Coups in Africa - Here's What Determines a Return to Civilian RuleAfrica: Military Coups in Africa - Here's What Determines a Return to Civilian RuleAnalysis - Slightly more than two years after Niger's first peaceful handover of power from one civilian president to another, the military seized power in July 2023. The coup - the fourth in Nigerien history - follows on the heels of recent military interventions in Africa. Mali (August 2020 and May 2021), Chad (April 2021), Guinea (September 2021), Sudan (October 2021) and Burkina Faso (January and September 2022).
Read more »

Implats flags earnings slump after hits from power woes, cable theft and weaker pricesImplats flags earnings slump after hits from power woes, cable theft and weaker pricesThe platinum miner expects to report a major slide in earnings due to a cocktail of challenges.
Read more »

Madagascan president's aide accused of bribery in UK and sackedMadagascan president's aide accused of bribery in UK and sackedThe Madagascan president's chief of staff has been arrested in London on suspicion of seeking a bribe from precious stone miner Gemfields and removed from her post, British and Madagascan authorities said on Monday.
Read more »



Render Time: 2025-04-05 05:49:24