Invest in Egypt, the main headline during PDAC 2020 and promoting the Gold Bid round in the Eastern Desert

Egypt, the land of opportunities, invites the world to invest in the gold exploration industry


Shady Salah – Media in Toronto

Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, took part on Monday February 2, 2020 , in the 5th International Mining Ministers summit, which was held on the sidelines of the Prospectors Developers Association of Canada’s (PDAC) 2020 Convention.
The conference was held under the patronage of the Canadian Minister of Natural Resources  Hon. Seamus O’regan, Speaking to MEDIAinTORONTO, the Egyptian Minister underlined the importance of Egypt’s participation in PDAC 2020, mainly after conducting the first strategy to develop the mining sector in Egypt to optimize the country’s benefit from mineral wealth, and the launch of the first international gold exploration bid in March 2020.

Monday 1st, 2020 was the Egyptian Mining Day illustrating how Egypt is a global hub for exploration and mining investment. From Right: Geologist Osama Farouk, Chariman of the Egyptian Mineral Resources Authority, Engineer Alaa Khashab, Deputy Minister of Petroleum and Mining Resources for Mining, Ahmed Abu Zeid, The Egyptian Ambassador in Canada

The round of the bid will go from mid-March until mid-September ( Download PDF)  and the exploration will be done in the mineral-rich Eastern Desert, according to El-Molla.
The step comes as part of the 2030 Egypt Strategy for Sustainable Development, the minister said.



From right: Engineer Tarek El-Molla , The Egyptian Minister of Petroleum & Mineral Resources, Ahmed Abu Zeid, The Egyptian Ambassador in Canada


Photo: the Egyptian Pavilion during PDAC 2020


Eng Tarek El Molla, The Egyptian Minister of Petroleum & Mineral Resources, with the Egyptian women in Mining , from right Iman Maher Abdallah Geologist at Mines & Quarries Department & Mervat Mostafa Ahmed Monitoring Manager at the Egyptian Mineral Resources Authority


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