Shalateen Mineral Sources Firm reported on Monday 25 August that it has surpassed 900 kilograms of gold output this yr from the Ikhwat mine (a gold mining web site in Egypt’s japanese desert) and artisanal mining operations.
The corporate is setting a goal to increase manufacturing to 6 tons over the subsequent 5 years. A big a part of this progress technique includes the development of an Industrial Complicated for Gold Extraction in Aswan, masking 1,422 acres.
This facility aims to modernize artisanal mining practices, integrating them right into a framework that’s each scientific and environmentally sustainable.
Minister of Petroleum and Mineral Sources, Karim Badawy, emphasized the strides made within the mining sector, significantly the transformation of the Mineral Sources Authority into an financial entity designed to draw each native and worldwide investments.
Badawy pointed out that the institution of the commercial complicated is essential for maximizing the advantages of artisanal mining.
Alongside Shalateen’s progress, Wadi El Nile Firm (WadiCo)—an Egyptian mining and development agency engaged in gold exploration and useful resource growth—announcing on Monday, 25 August, 2025, the invention of 5.4 million tons of latest phosphate reserves
The corporate is specializing in enhancing the standard of low- and medium-grade ores, which may probably double the quantity of high-quality inventory accessible.
As a part of its dedication to sustainability, WadiCo is ready to launch Egypt’s first environmentally pleasant phosphate crusher, powered by photo voltaic vitality, and can use electrical heavy equipment to considerably scale back diesel consumption.
Amr Hassan, Chairman of the Egyptian Firm for Mining Sources, shared that the corporate goals for a complete output of roughly 593,000 tons of varied ores, together with phosphate, quartz, and talc.
New mining areas on the Wadi El-Shaghb web site, positioned in Egypt’s Jap Desert throughout the gold-rich province close to the Crimson Sea, are being developed with plans to introduce tin extraction for the primary time.