Egypt’s back on gold production map after loosening mining regulations - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Azza Guergues

Azza Guergues

Jan 22, 2021

Egyptian workers manipulate mineral samples from a gold mine at Marsa Alam, in the Red Sea hills, 14 September 2006. After a 2,000-year lapse, Egypt is looking to acquire a gold-mining industry again by reviving ancient deposits of the precious mineral that symbolised the glory of the Pharaohs. AFP PHOTO/KHALED DESOUKI (Photo credit should read KHALED DESOUKI/AFP via Getty Images) — Workers manipulate mineral samples from a gold mine at Marsa Alam, in the Red Sea hills, Egypt, Sept. 14, 2006. — Khaled Desouki/AFP via Getty Images

Geologist Leonard Karr walks out from an old mine in the Eastern Desert near the southern province of Luxor, Egypt May 20, 2016. REUTERS/Amr Abdallah Dalsh - RTSGK11

Mining companies in no rush to exploit Egypt's gold

Ayah Aman

In Cairo, reporting on politics and culture

Visitors look at displayed ancient jewelry at the new National Museum of Egyptian Civilization, during its official reopening in the Fustat district of Old Cairo, Egypt, April 4, 2021.

Egyptians hoard gold jewelry

Rasha Mahmoud

An Egyptian worker holds a mineral sample from the gold mine at Marsa Alam, in the Red Sea hills, Sept. 14, 2006.

Egypt to invest in gold, mineral mining

Hagar Hosny

Saudi mining

Saudi Arabia will mine minerals, but can it extract maximum added value?

Sebastian Castelier

Sebastian Castelier

In Dubai, reporting on regional business