20th Jul 2023 14:07
Centamin PLC - London-based gold producer with interests in Egypt, Burkina Faso and the Ivory Coast - Says it has in principle agreed the framework for a model mining exploitation agreement with the Egyptian Ministry of Petroleum & Natural Resources & Mineral Resources Authority. MMEA sets out the fiscal and regulatory terms for the exploitation phase of new mining projects and will apply to commercial discoveries made on the EDX blocks in Egypt's Eastern Desert, which were awarded to Centamin in 2021 for exploration. Centamin says the MMEA will be ratified as a "Special Law" by the Egyptian government in late 2023. Read More
