Three global gold exploration companies, Aton Resources, Ankh Resources, and Centamin Plc, are set to invest approximately EGP 2.5 billion in gold exploration projects in Egypt over the next two years, according to Al Mal News, citing sources within the mining sector.
Centamin Plc alone plans to invest up to $100 million in gold exploration and production in Egypt in the coming year. Notably, the Sukari gold mine, Egypt’s first large-scale modern mine, produced 450,058 ounces of gold in 2023, up from 440,974 ounces in 2022.
