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Centamin is a gold mining and exploration company, whose main operating asset is the Sukari gold mine in Egypt. In addition to Sukari, Centamin holds exploration licences (EDX) in Egypt’s Eastern Desert and has the Doropo and Archean-Birimian Contact (ABC) gold projects in Côte d’Ivoire. Centamin is wholly owned by AngloGold Ashanti plc. [2]
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] The total real value of minerals mined was about E£102 million (US$18.7 million) in 1986, up from E£60 million (US$11 million) in 1981. [2]
In 1885, Egypt went into a purely gold standard, and the Egyptian pound unit, known as the juneih, was introduced at E£1 = 7.4375 grammes of fine gold. This unit was chosen on the basis of the gold content in the British gold sovereign and maintaining the exchange value of 97.5 piastres to the pound sterling, and it replaced the Egyptian ...
Gold stater of Nectanebo II; Perfect Gold, or Fine Gold. One of the few coins minted for ancient Egypt is the gold stater, issued during the 30th Dynasty. The reverse of the gold stater shows a horse reared up on its hind legs. The obverse has the two hieroglyphs for nfr and nb: "Perfect gold", or a common-era term: 'Fine'-gold.
The Sukari mine is Egypt's first modern gold mine. Egypt was known in the ancient world as being a source of gold, and one of the earliest available maps shows a gold mine at this location. [1] Today. Sukari is a combination of an open-pit mine mine and an underground mine. [2] The site is supplied by a 30km-long pipeline bringing water from ...
Ahmed Elgendy of Egypt became the first athlete from Africa to win the Olympic gold medal in modern pentathlon at the Paris Games on Saturday. Elgendy had a 17-second head start for the laser run ...
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 origins of Egypt's stock exchange can be traced back to 1883 with the establishment of the first futures market in Alexandria. By 1899, under the rule of Khedive Abbas II, the exchange relocated to a new premises on Muhammad Ali Square, today known as El Manshiyya. In 1902, the Brokers' Syndicate was formed, setting the initial regulations ...