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Canadian companies show interest in Egypt's mining sector

Canadian companies show interest in Egypt's mining sector
Several Canadian companies were awarded gold exploration blocks in Egypt

Cairo – Mubasher: The Egyptian Minister of Petroleum and Mineral Resources, Tarek El-Molla, met with the recently-appointed Canadian Ambassador to Cairo, Louis Dumas, to explore the possible means to develop and boost the mining sector in Egypt especially after the success of the recently-launched international gold tender.

The two sides discussed the activities of Canadian companies operating in the oil, gas, mining, and petrochemicals sectors in Egypt, according to a statement on Monday.

The ambassador said that many Canadian companies are interested in investing in Egypt and expanding their investments in the mining sector, noting that several Canadian companies were awarded gold exploration blocks in the international tender launched last year.