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AngloGold Ashanti plans to expand in Egypt
AngloGold Ashanti intends to increase its investments in Egypt and expand its gold exploration activities, particularly at promising mining sites, with the aim of developing new projects such as the Sukari Mine. The company's CEO affirmed that Egypt is a priority for their investment strategy and that they will direct more investments to support the discovery and development of new gold resources in the Egyptian market. In support of this, President Abdel Fattah El-Sisi confirmed that the state will facilitate the necessary procedures to enhance the company's investment activities, with a focus on developing the mining sector and increasing its contribution to the national economy, thereby strengthening the strategic partnership in this field.
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