CAIRO – 12 January 2022: Minister of Petroleum and Mineral Resources Engineer Tarek El-Molla stressed that Egypt is implementing an ambitious program to develop its mining industry based on Egypt's Vision 2030, adding that work is underway to implement the first gold refinery in Marsa Alam. The remarks came during the eighth consultative meeting of Arab mining and mineral resources in Riyadh. “Egypt considers the optimal exploitation of natural resources as one of its most important goals,” said El-Molla in his speech. He explained that Egypt’s ambitious program developed by the Ministry of Petroleum and Mineral Resources succeeded in implementing comprehensive reforms to advance the Egyptian mining system after studying all local and international challenges. El Molla announced that work is underway to implement the first approved gold refinery in Egypt in the Marsa Alam area in the Eastern Desert to maximize the added value of gold resources and to complete the value chain for gold production by maximizing local content.
