Shalateen Mineral Resources has increased its gold deliveries to the Central Bank of Egypt (CBE) by 10% year on year in the first quarter (Q1) of 2025.

Shalateen Mining Company plans to transform its business into gold and precious metals production

Shalateen Mineral Resources is planning to increase its gold deliveries to the Central Bank of Egypt (CBE) by about 25% year on year (YoY) in 2025.

Egypt's Shalateen Mineral Resources has increased its gold production by approximately 25% during the first nine months of 2024.

halatin Mineral Resources is seeking to deliver 1.2 tons of gold to the Central Bank of Egypt (CBE) in 2024.

Shalateen Mineral Resources has increased its gold deliveries to the Central Bank of Egypt (CBE) by approximately 23% year on year in the first half (H1) of the year.

Shalateen Mineral Resources is planning to launch a new international tender for gold prospecting in the Wadi Allaqi region in Egypt’s Eastern Desert within the fourth quarter (Q4) of 2024.

Shalateen Mineral Resources Company (SMRC) raised its gold deliveries to the Central Bank of Egypt (CBE) in 2023 by about 14% year on year (YoY) to around 720 kilograms (kg) at a value of EGP 1.3 billion.

Shalateen Mineral Resources Company (SMRC) is expected to deliver 550 kilograms (kg) of gold to the Central Bank of Egypt (CBE) by the first half (H1) of 2024.

El Shahawy added that gold deliveries for this year are expected to exceed 2022’s deliveries by 200 kilograms, equivalent to 6,000 ounces.

The government-affiliated Shalateen Mineral Resources firm is working to establish these complexes to help companies and individuals increase the productivity of the quantities of gold supplied to the government.