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Egypt Mining Forum expands strategic partnerships

Updated 5 times since CLSTR started tracking revisions of this situation.

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2026-09-29 18:09 UTC → 2026-09-30 11:47 UTC · added removed

Egypt Mining Forum focuses on investment and value chains expands strategic partnerships

The fifth edition of the Egypt Mining Forum, held in the New Administrative Capital under the patronage of President Abdel Fattah el-Sisi, Forum continues to focus on advance its goal of ‘Unlocking the Exploratory Potential of Egypt and the Arab-Nubian Shield.’ The event targets the development of gold, copper, nickel, and rare earth elements. Minister of Petroleum and Mineral Resources Karim Badawi previously announced that 119 companies, including 14 international firms from Australia, Canada, and China, have applied for mining sectors under Shield,’ with a new open-block system. The government aims to raise recent focus on expanding strategic partnerships and technological exploration. During the sector’s contribution 2026 forum in Cairo, President Abdel Fattah el-Sisi met with AngloGold Ashanti CEO Alberto Calderon to the national GDP propose transitioning from less than 1% a single-mine partnership at Sukari to approximately 6% by prioritizing value-added manufacturing over raw material exports. Expanding on these objectives, Prime Minister Mostafa Madbouly hosted a roundtable discussion titled ‘From Discovery ‘comprehensive strategic partnership.’ This proposed expansion aims to Industrial Development: Building Investor Confidence through encompass exploration, technology transfer, and local supply chain development, with the Mining Value Chain company indicating intent to increase investment across multiple sites. Industry participants, such as platinum sponsor Lotus Gold Corporation, highlighted ongoing exploration in Egypt.’ The session included ministers from electricity, environment, labor, industry, and transport, alongside representatives from global financial institutions and major mining companies. Madbouly emphasized that the government has addressed structural issues that previously hindered investment, stating that Eastern Desert using modern international techniques. Additionally, the sector’s roadmap is now promising. Discussions centered on enhancing added value, providing essential infrastructure National Institute of Oceanography and energy Fisheries (NIOF) presented capabilities for mining projects, deep-sea mineral and improving petroleum exploration, noting the overall investment environment. economic potential of marine resources at depths reaching 1,500 meters. On a diplomatic level, the forum facilitated regional cooperation. The current government priority is to translate Democratic Republic of the forum’s outcomes into ‘tangible, real-world projects.’ Congo’s Minister of Mines, Louis Watum Kabamba, engaged with Egyptian and Saudi Arabian officials to discuss bilateral cooperation regarding investment stability, applied research, and geological data.

Versions

  1. 2026-09-30 11:47 UTC Egypt Mining Forum expands strategic partnerships
  2. 2026-09-29 18:09 UTC Egypt Mining Forum focuses on investment and value chains
  3. 2026-09-29 14:51 UTC Egypt Mining Forum launches in New Administrative Capital
  4. 2026-09-28 15:14 UTC Egypt Mining Forum launches in New Administrative Capital
  5. 2026-09-27 21:46 UTC Egypt Mining Forum launches in New Administrative Capital
  6. 2026-09-27 08:23 UTC Egypt Mining Forum development

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