A delegation from the Ministry of Petroleum and Mineral Resources, EMRA and SMRC headed by Geologist / Khaled El -Shishtawi - Chairman of the Egyptian Mineral Resources Authority and Geologist / Sherif El –Shahawi- Chairman of Shalateen Mineral Resources Company visited the Eqat Company work site to find out the current situation of extraction of gold ore at the site.
It is noteworthy that Shalateen Company, through the contractor (wealth and resources company), announced the commercial discovery and adopting from Eng. Tariq Al -Mulla, Minister of Petroleum and Mineral Resources on 7/29/2022. Eqat Company was established by Law No. 43 of the year 2014, which is a joint operating company between EMRA, Shalateen Company, and the wealth company, currently conducting experiments for extracting gold operations from commercial detection areas and production will be announced soon.