gold
Court rules Centamin’s Sukari mine contract invalid
Egypt
October 30, 2012
Court rules Centamin’s Sukari mine contract invalid
Centamin's contract to exploit the Sukari gold mine in Egypt is invalid, an Egyptian administrative court ruled on Tuesday,…
Saudi official: Pilgrims buy 25% of our gold and jewelry
Egypt
October 26, 2012
Saudi official: Pilgrims buy 25% of our gold and jewelry
Hajj pilgrims buy an estimated 25 percent of the gold and jewelry sold in Saudi Arabia each year, according…
Centamin on track despite ‘challenging’ Egypt
Business
August 14, 2012
Centamin on track despite ‘challenging’ Egypt
Egypt-focused gold miner Centamin said its activities and expansion plan were on track despite challenging political and fiscal conditions, labor…
Sukari Gold Mine trial adjourned to May
Business
April 24, 2012
Sukari Gold Mine trial adjourned to May
The Administrative Court on Tuesday postponed to 22 May the consideration of a lawsuit filed by MP Hamdy al-Fakhrany demanding…
Govt orders jewelers to install anti-theft systems or close shop
Business
February 29, 2012
Govt orders jewelers to install anti-theft systems or close shop
The Local Development Ministry in coordination with local authorities on Tuesday ordered jewelers to install surveillance cameras and alarm systems…
Airport authorities find ducks stuffed with gold powder in luggage
Egypt
February 21, 2012
Airport authorities find ducks stuffed with gold powder in luggage
Cairo International Airport authorities on Monday seized half a kilogram of gold powder hidden by an Egyptian passenger inside two…
Jewelers fear robberies, instability amid security failure
Egypt
February 8, 2012
Jewelers fear robberies, instability amid security failure
Jewelers have been opening their stores for four hours a day since the revolution anniversary on 25 January due to…
Centamin Egypt plans to redomicile to Jersey
Business
November 11, 2011
Centamin Egypt plans to redomicile to Jersey
Gold producer Centamin Egypt Ltd said it plans to set up a new parent company, to be redomiciled in Jersey,…
Gold prospectors raise stakes in Nubian hinterland
Environment
September 21, 2011
Gold prospectors raise stakes in Nubian hinterland
Record high international gold prices have strengthened the precious metal’s appeal and propelled prospectors deep into the Egyptian wilderness in…
New leadership targets ambitious growth for Egypt’s mines
Business
September 3, 2011
New leadership targets ambitious growth for Egypt’s mines
Held back by bureaucracy and a mining law that hasn’t been updated since 1956, Egypt’s mines are expected to receive…