Minister of Petroleum and Mineral Sources Karim Badawi held a gathering with Alberto Calderon, CEO of AngloGold Ashanti reviewing the newest developments of the exploitation settlement the 2 events had beforehand agreed upon, on the sidelines of their participation within the BEBA delegation.
This assembly was on the sidelines of the Mining Indaba 2025 Convention in South Africa.
Calderon confirmed that the corporate follows the identical exploitation settlement mannequin in all of the international locations the place it operates and appears ahead to finalizing the procedures quickly.
Badawi additionally reviewed the Egyptian authorities’s efforts to develop the mining sector and create a beautiful funding local weather, highlighting the efforts to rework the Egyptian Mineral Sources Authority (EMRA) into an financial physique to reinforce its capabilities in exploiting mineral assets.
Calderon expressed his appreciation for the developments in the sector in Egypt and his curiosity in growing the corporate’s investments by buying new concession areas.
Each events agreed on coordinating a go to for the CEO and officers of AngloGold Ashanti to Egypt to go to Sukari Gold Mine as a part of the corporate’s plan to hold out extra exploration and growth operations on the mine.
