Tag: gold

DR Congo, UAE sign $1.9bln mining deal

July 20, 2023

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country ... Read More

Egypt approves for six month draft decree exempting travelers from gold tax

May 11, 2023

The Egyptian government Wednesday approved temporarily a draft decree exempting travelers who bring gold from customs duties and other fees except value-added tax (VAT), reports ... Read More

EV Battery: Morocco’s Manganese Mine Attracts Canadian Gold Company

August 19, 2022

Canadian mining company “Gold Lion” announced on Thursday the development and exploration of a manganese mine in Morocco by signing a letter of intent to ... Read More

Canada’s Stellar finds gold in Morocco’s High Atlas Mountains

October 26, 2021

Canada’s Stellar confirmed a new gold finding in its Tichka project, south east of Marrakech in the Atlas mountains. “The gold is associated with injected ... Read More

Egypt signs $13m contracts with three gold mining companies

January 25, 2021

Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance ... Read More

Egypt: Centamin’s gold production is rising

March 15, 2013

Good news is coming out of Egypt’s Sukari gold mine. Centamin has announced that it is expecting more than a 20% increase in its production ... Read More

Kanosak to Exploit Gold in Mauritania

January 30, 2013

Kanosak Capital Venture Corporation has announced that it has acquired 90 percent interest in ‘’la Société Mauritanienne d'Exploration’’ ("SEM") from Wafa Mining and Petroleum S.A., ... Read More

Egypt: Gold exportation reactivated finally

December 17, 2012

The shipment load of 1,600 kilograms of gold extracted from the Sukari Gold Mine has finally left the shores of Egypt for Netherlands after being ... Read More

Morocco: Managing the Zakat

November 5, 2012

Known for being a right of the poor, Zakat is a compulsory donation that has to be given by any Muslim from whatever income was ... Read More