Centamin shares jump on potential Sukari mine extensions
Centamin (TSX: CEE; LSE: CEY) said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit…
Red Sea Resources
Barrick Gold signs four exploration deals in Egypt
Barrick Gold (TSX: ABX; NYSE: GOLD) has inked four gold exploration deals in Egypt’s Eastern Desert, the country’s ministry of petroleum and mineral resources said today. The miner, which won…
Billionaire Naguib Sawiris bets on Egypt’s gold
Egyptian billionaire Naguib Sawiris is backing his country’s drive to develop a gold industry following drastic changes to mining regulations passed last year. Altus Strategies’ subsidiary AKH Gold, majority owned…