Egypt Awards 11 Companies Concessions In Mining Bid Round



Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, Petroleum Minister Tarek El Molla said on Thursday.

Among the companies awarded concessions were Australia's Centamin CEY.L, Canadian companies B2Gold BTO.TO, Barrick Gold, Lotus Gold, Red Sea resources and Britain's AKH Gold.

( Image by https://pixabay.com/users/alexas_fotos-686414/ )