13 Hrs
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بوابة الشروق
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Source: بوابة الشروق
13 Hrsبوابة الشروق
Source: بوابة الشروق
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The Mineral Resources Authority announced a bidding round under an “open-block” system, offering around 260 blocks for gold and associated-minerals exploration. Each block covers up to approximately 175 square kilometers, with the aim of attracting major companies. The Authority also confirmed a ban on exporting raw phosphate ore, white sand, and quartz, and said it would focus on processing and manufacturing them locally to increase their economic value. Priority will be given to companies that establish processing plants in Egypt. It added that the digital platform for submitting exploration and licensing applications is 80% complete.
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