Latest in Tag: mining Highlight
Latest in Tag: mining
Government protocol to regulate environmental approvals for mining projects in Egypt
Protocol aims to define environmental controls for mining
Egypt’s FRA approves registration of Hadisolb demerging mining subsidiary
In a press release, the FRA stated that the subsidiary company was listed in the commercial registry on 21 March 2021.
Egypt witnesses increase in malware attacks, cryptocurrency mining threats in 2020
8% increase in threats targeting Egypt’s cryptocurrency mining, in clear contrast to global trend that has seen 24% decrease in this type of infection
Naguib Sawiris in talks to acquire 51% stake in state-owned mining firm
Egypt has awarded Aton Resources an mining license at Hamama and its retained exploration areas at the Company’s Abu Marawat Concession
“Global company to draft new terms to benefit from Egypt’s mining wealth”: official source
Ministry of petroleum succumbed to investors to amend terms of gold exploration
Mining contributes 10% to national income: Moroccan Deputy Minister of Energy
Increase of mineral wealth to 15% of the country’s income in 2025
Income of mining sector to increase from 2% of GDP within five years: Petroleum Minister
We aim to achieve revenues worth $64bn from mining by 2030: Saudi Energy Minister
Australian mining magnate to donate chunk of his fortune
Andrew Forrest, founder and chairman of iron ore giant Fortescue Metals Group, has made the biggest single philanthropic donation in Australian history to support a variety of social and scientific causes.Forrest and his wife Nicola said on Monday they would give away Aus$400 million ($298 million, 266 million euros) in a donation described by Prime …
‘Water wins over gold’ in El Salvador mining ban
El Salvador’s Parliament has approved a law banning all metal mining projects. The measure aims to protect the impoverished Central American nation’s environment – but critics fear it could hurt the economy.The original legend of El Dorado, originating with an indigenous tribe in Colombia, is actually about a person covered in gold. But the first …
Egypt, Australia prime for collaboration in mining, education, agriculture: Australian Senior Trade Commissioner
Currently registered at $500m, Morley hopes that the trade volume will return to pre-revolutionary levels in two years, doubling to $1bn
Qalaa Holdings closes sale of Misr Glass Manufacturing, United Glass Company
The sale is at a combined equity value for 100% of both MGM and UGC of EGP 828m
The end of brown-coal power in Germany?
Germany’s economics minister and energy companies have agreed steps towards taking lignite-fired power plants off the grid. The plan is to help Germany reach its climate targets – but environmentalists say it’s ‘weak.’ Economics minister Sigmar Gabriel of the Social Democrats and energy companies RWE, Vattenfall and Mibrag have agreed that starting in October 2016, …
Czech town in the path of coal excavators
Considering the carbon emissions from coal, one might imagine expansion of opencast coal mining in Europe to be unthinkable. But this could happen in the Czech Republic, if limits from the early 1990s are lifted. "If you look at this opencast mine, there are two thoughts that spring to mind," says Greenpeace energy campaigner Jan Rovensky as he gazes out…
Egypt predicted to be among major G-20 economies: The District CEO
I aim to bridge the understanding and the inclusion of small and medium enterprises [SMEs] in the Egyptian market:
Qalaa Holding seeks to raise $300m from projects’ exits
The company exited Bank of Sudan, Sphinx Glass and Pharos Holding
New mining law violates constitution: Federation of Industries
Federation claims law overlooks opinion of civil and industrial society experts and scholars in mineral resources
Qalaa Holding sees EGP 8bn capital increase
Company records 46% surge in gross profit year-on-year, report says
Saudi and Emirati investments to recycle agricultural waste in Egypt
The investment costs for the first phase reach $600m of joint Saudi, Emrati and Egyptian investments.
Ministers explore coal as substitute to natural gas
The aim of the committee is to study how coal can be used as an energy supplement to meet the needs of the industrial plants such as producers of electricity and cement
Egypt to take part in world’s largest drilling and mining conference
The Egyptian delegation, which will also meet with representatives from Toronto’s stock exchange, will seek to promote foreign investment in Egypt
New holding company for mining industries approved
Minister of Industry and Foreign Trade Hatem Saleh approved the establishment of a mining holding company at the opening ceremony of the National Vision for Mining Wealth Conference held Tuesday. According to government officials, the move toward establishing a holding company for mining is proposed to boost investment in Egypt’s mining sector and expand mining …
Organisation for Mining Revival requests $100m to support study on mineral resources
By Nihal Mounir The Organization for Mining Revival (OMR) has submitted an urgent memorandum to Dr FayzaA boul Naga, Minister of Planning and International Cooperation, requesting $100 million in foreign grants over four years. The grants will be for the General Authority for Mineral Wealth (GAMW), to support a project conducting comprehensive studies about Egypt’s …