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The fresh Ministry of Petroleum and you will Mineral Info, within the venture having EMRA, revealed afterward in the middle-July another-stage system to practice the newest mining market’s pros. Although not, because of COVID-19, the outcomes had been put off five months and you may have been instead launched to your November 19. El Molla revealed the outcome of Egypt’s silver quote round, in which eleven national and you will global exploration enterprises obtained the newest legal rights to own exploring 82 concession components to own silver inside Egypt. Additionally, the brand new ministry usually launch the brand new gold exploration tenders all of the five weeks, the fresh minister told you in the press conference. The fresh rules is actually said to fix the fresh problems of the past regulations, hence expanding overseas investment and exploiting Egypt’s rich nutrient wide range.
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