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Country-Plan Projects and Tenders |
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8699 Subject |
استثمارات جديدة مصرية استرالية للبحث عن المعادن والذهب والنحاس في مواقع مختلفة وبأسوان Concessions for gold & copper exploration & exploitation at 8 different locations in Wadi Al Alaqi in Asswan seem in the pipeline. |
| Date Published | Tuesday, June 14, 2005 |
| Source Name | Al-Ahram |
| Location Name | Asswan |
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Description Date Format: (mm/dd/yyyy) |
Concessions for gold & copper exploration & exploitation at 8 different locations in Wadi Al Alaqi in Asswan is on the agenda. That was announced by Egypt Minister of Petroleum & Mineral Wealth indicating that each location covers 16 Km2 area. Development follows a fair handling of problems which faced operations of Tentalm Egypt Co. Ltd., now a 55/ 45 Egyptian Australian joint venture established to exploit mineral reserves at Abu Diab & Al Noweibiee Mountains location including tentalm, niobium, zinc, feldspar & quartz. Reserves of minerals at both areas are estimated at 138 million tons. [Observers believe the Mining sector is expected to witness a strong boom over the next stage]. |
| Sectors Section |
Beneficiary Sectors - Water & Waste-Water Equipment & Works Earthmoving Equipment - Automotive & Construction Equipment Earthmoving Equipment - Mining Mining |