The Central Bank of Egypt (CBE) announced on Monday that the balance of gold in Egypt’s foreign reserves rose to about US$11.154 billion, equivalent to about LE549 billion, in six months until the end ...

The contract was signed for the areas in which the two firms won the international bid three years ago in the Eastern Desert. In the third quarter (Q3) of 2024, production from Egypt’s Sukari Gold ...

Archaeologists in Egypt have discovered a 3,200-year-old military barracks, uncovering a trove of artifacts, including a ...

(MENAFN- Daily News Egypt) Gold prices in local markets rose by EGP 35 over the past week, increasing by 0.9%, despite a 0.4% drop in global gold prices due to intense sell-offs triggered by ...

Gold prospectors are focusing primarily on the Eastern Desert where, in 2020, a deposit was discovered with reserves estimated to exceed one million ounces.That was when Egypt's authorities ...

Tax revolts in Upper Egypt led to Roman incursions into Kushite territory, threatening their lucrative gold mines. Meroite forces attacked Roman troops in Aswan—the most southerly frontier of ...

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from the Canadian Aton Resources company, led by the company’s CEO, Tonno Vahk, on Wednesday. The meeting focused ...

“This strong performance follows our significant investment in operational improvements which positioned us to capitalise on the current record gold price,” said Martin Horgan, CEO of Centamin which ...

A private plane found with more than $5m (£4m) in cash, fake gold, guns and ammunition on ... So far nobody in Egypt or Zambia admits to chartering the plane or owning its contents.