Thursday 14 Nov

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Canadian Aton Resources to process gold from Abu Marawat mine


Canadian Aton Resources to process gold from Abu Marawat mine

Engineer Karim Badawy, the Minister of Petroleum and Mineral Resources, received a delegation from the Canadian company Aton Resources, headed by its President, Tono Fah.

During the meeting, the company's efforts to explore and search for gold in its concession area of Abu Marawat in the Eastern Desert, located within the Nubian Shield region, were discussed.

Badawy affirmed that the ministry provides all support to the company to implement its strategic projects that will benefit the Egyptian economy. He expressed his appreciation for the company's commitment to the specified implementation timelines and its desire to inject more investments into Egypt.

The company's president highlighted the significant discoveries made at the Abu Marawat area, including Hamama and West Rooderwein. He reaffirmed the company's strong commitment to Egypt and its plans to increase investments. A key focus is the establishment of a state-of-the-art gold extraction and processing plant, equipped with environmentally friendly technologies. This plant will not only maximize gold extraction but also recover other valuable minerals, ensuring efficient utilization of the mine's resources. The company aims to position the mine as a global benchmark and a resounding success story. 

The meeting was attended by prominent figures from the Ministry of Petroleum and Mineral Resources, including Geologist Yasser Ramadan, Head of the Mineral Resources Authority, Engineer Moataz Atef, Deputy Minister for the Technical Office and the Minister's Office, and Dr. Mohamed El-Bagoury, Director General of Legal Affairs. The Canadian company's delegation was led by Sherif Barakat, the company's general manager.