|Delayed - 07/09 12:26:03 am|
Egypt discovers gold deposit in southeast -ministry
|06/30/2020 | 04:22 am|
Egypt has discovered a gold deposit in the southeast of the country containing more than 1 million ounces, the petroleum ministry said on Tuesday.
The deposit lies in the concession area of the Shalateen Mining Company, the ministry said in a statement, adding that there could be investments exceeding $1 billion over 10 years to exploit the deposit.
(Reporting by Ehab Farouk; writing by Ulf Laessing; editing by Jason Neely)
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