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Badawi, AngloGold Ashanti review investment plans in Egypt's mining sector

Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from global gold mining company AngloGold Ashanti to discuss investments in the Sukari gold mine

Updated 3/20/2025 10:32:00 AM
Badawi discusses Sukari mine investments with AngloGold Ashanti

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with AngloGold Ashanti's CEO Alberto Calderon to discuss investments in the Sukari gold mine.

Updated 2/6/2025 7:36:00 AM
Egypt, AngloGold Ashanti sign draft agreement to boost gold exploration

The Ministry of Petroleum and Mineral Resources has signed a draft agreement with the South African mining giant AngloGold Ashanti to explore gold ore, signaling a new phase of investment and cooperation in the country’s gold mining sector.

Updated 12/5/2024 7:37:00 AM
AngloGold to acquire Centamin in November

Centamin Plc and NYSE-listed miner AngloGold Ashanti have approved the terms of a recommended acquisition of Centamin.

Updated 10/30/2024 9:17:00 AM
ECA nods to AngloGold Ashanti’s offer to acquire Centamin

The Egyptian Competition Authority (ECA) has greenlit NYSE-listed miner AngloGold Ashanti’s $2.5 billion offer to acquire Centamin.

Updated 10/16/2024 8:59:00 AM
Sukari Gold Mine operations unaffected by AngloGold Ashanti’s Centamin takeover: Petroleum Ministry

The Ministry of Petroleum and Mineral Resources confirmed that recent acquisition of Centamin, the sole owner of the Pharaoh Gold Mines, by AngloGold Ashanti will not affect Egypt’s rights or revenues from the Sukari Gold Mine.

Updated 9/12/2024 6:54:00 AM
AngloGold Ashanti to acquire Centamin in $2.5B deal

South African AngloGold Ashanti will acquire Centamin PLC, the operator of Egypt’s largest gold mine Sukari, in a $2.5 billion stock and cash deal.

Updated 9/10/2024 12:44:00 PM