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Mining in Egypt has had a long history that dates back to predynastic times. Active mining began in Egypt around 3000 BCE. Egypt has substantial mineral resources, including 48 million tons of tantalite (fourth largest in the world), 50 million tons of coal, and an estimated 6.7 million ounces of gold in the Eastern Desert. [1]
This list of mines in Egypt is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list. Coal mines El Maghara mine; Gold mines Sukari mine; Phosphate mines Abu Tartur mine
The following are lists of gold mines and are subsidiary to the list of mines article and lists working, defunct and planned mines that have substantial gold output, organized by country. North America
Bre-X bought the Busang site in March 1993 and in October 1995 announced significant amounts of gold had been discovered, sending its stock price soaring. Originally a penny stock , its stock price reached a peak at CAD $286.50 (split adjusted) in May 1996 on the Toronto Stock Exchange (TSE), with a total capitalization of over CAD $6 billion.
The company operates the Sukari Gold Mine in the Eastern Desert of Egypt, [4] some 700 km from Cairo and 25 km from the Red Sea. First gold was poured at Sukari in June 2009 and commercial production began on 1 April 2010, making Sukari the first modern gold mine in Egypt, a country which in ancient times was a prolific producer of the precious metal.
Total production cash costs were up 4.1% industrywide in the third quarter of 2010 to US$585 per ounce of gold mined. [6] The lower price of gold in 2013 is expected to impact gold production in the coming years; Barrick Gold is slowing construction at one of its largest gold projects Pascua Lama (18 m ounces of gold, 676 m ounces of silver ...
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A miner underground at Pumsaint gold mine, Wales; c. 1938 Landscape of Las Médulas, Spain, the result of hydraulic mining on a vast scale by the Ancient Romans. The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria.