AngloGold Ashanti plans further investment in promising Egyptian mining sites

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AngloGold Ashanti plans additional investment at promising mining sites in Egypt, though the amount and timing have not been disclosed. President Abdel Fattah Al-Sisi said Egypt also wants to deepen its partnership with the company in exploration, technology transfer, and local supply-chain development.

President Abdel Fattah Al-Sisi said Egypt is seeking to expand its partnership with AngloGold Ashanti, operator of the Sukari gold mine, to cover exploration, technology transfer, and local supply-chain development, as the company announced plans for additional investment in several promising mining sites in Egypt without disclosing the value or timing of the spending. Al-Sisi […]