Canadian mine consultant Watts, Griffis and McOuat, has been selected by an Egyptian industrial development agency to examine the desert country’s industrial minerals sector.
The year-long study is commissioned by the Industrial Modernization Centre (IMC), an industrial development agency jointly funded by the private sector in Egypt, the Egyptian government and the European Union.
The government of Egypt plans to use the study to develop policies geared toward improving the exploitation and development of key raw materials, improving operations, promoting competition and enticing investors.
“Egypt is blessed with an abundance of industrial mineral prospects, which are essential to the development of its economy,” Don Hains, WGM’s senior associate industrial minerals expert and project team leader, noted in a statement. “Industrial minerals typically account for over 70% of metallic and non-metallic mineral production in terms of tonnage for industrialized economies.”
Hains pointed out that despite Egypt’s historical association with construction-related materials such as aggregate, cement and decorative stone, and clays and silica sand for the production of brick, the country has much more to offer.
“With the development of world class mineral deposits the likes of the Abu Dabbab tantalum-tin-feldspar deposit, and other precious metal deposits, Egypt’s mineral wealth is getting noticed on the world stage,” Hains outlined in a press release.
In addition to WGM, the IMC has commissioned Geofield SRL (an associate firm of WGM) and Chimica Edile Middle East, to provide logistics, infrastructure, research and back office support to the firm. WGM has also partnered with the Egyptian Mineral Resources Authority.
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