President Abdel Fattah El Sisi ratified seven laws to SMRC

  • Home
  • News
  • President Abdel Fattah El Sisi ratified seven laws to SMRC

President Abdel Fattah El Sisi ratified seven laws on authorizing the Minister of Petroleum and Mineral Resources to contract with EMRA and SMRC

  • December 28, 2022

On 12/31/2021, President Abdel Fattah El Sisi ratified the laws number (163-164-165-166-167-168-169) for the year 2021 on authorizing the Minister of Petroleum and Mineral Resources to contract with the Egyptian Mineral Resources Authority and Shalateen Mineral Resources Company regarding the exploration and exploitation of gold and associated minerals in the areas of :

  1. Hamata .
  2. Fatiri .
  3. Wadi Al-Alaqi .
  4. (Iqat , Jabal Al-Jarf , Jabal Misah , Jabal Elba and Aswan region).
  5. Umm Ud & Hangaliya .
  6. Atud .
  7. El-Barramiya.

It is reported that on 11/01/2021, the Egyptian Parliament, in its plenary session, approved seven draft laws for the aforementioned areas.

It is worth noting that the areas subject to the laws are among the best sites in the eastern desert of Egypt in terms of the concentration of gold and associated minerals, the surface quartz veins in those areas were exploited in previous times by the pharaohs and others.

President Abdel Fattah El Sisi ratified seven laws to SMRC