Egypt – mineral mine

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March 12, 2013 Procurement Consulting – Brickwork Sourcing Egypt – mineral mine Egypt – mineral mine Brickwork India (Confidential) www.brickworksourcing.com

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Egypt with its high mineral potential is the booming sector of mining and opportunities. Many of the companies progressed well in mining and drilling of rare and precious metals in and steps are being taken and strategies implemented to regenerate its mining industry. Not only are they indications of the growing mining industry but also but there is also a large demand for the equipment.

Transcript of Egypt – mineral mine

Page 1: Egypt – mineral mine

March 12, 2013Procurement Consulting – Brickwork Sourcing

Egypt – mineral mineEgypt – mineral mine

Brickwork India (Confidential)

www.brickworksourcing.comwww.brickworksourcing.com

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Various metals are mined in Egypt and the most notably among them are gold, copper and iron

Much of the country’s oil and mining wealth has not yet been discovered, particularly in the offshore areas of the Mediterranean and in the Western Desert.

Centamin and its flagship Sukari Gold Mine rose to production in 2009 with a projected annual gold output of 250,000 oz

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Current Scenario

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According to Hassan Helmy, Professor Geology Dept., Faculty of Science, Minia, Egypt will have sooner or later more than 5 operating world-class gold mines

Egypt attempts to regenerate its mining industry is with the intention of catching the attention of investment capital, increasing revenue and boosting the country's overall economy

A memo was sent by the Cabinet Secretary regarding the issuance of a unified law for mining and, drawing up a mining map that would be available to investors

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The Future Road

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Touted to be the world’s largest drilling and mining conference, The Prospectors and Developers Association of Canada’s (PDAC)”2013, to be held this year in Toronto, Canada, Egypt will have a delegation taking part in

In Egypt there is a great opportunity and need for: » Investing in the mining sector

» Equipment used to extract the materials

The mining equipment is important for the growing mining industry and naturally there would be a large demand for the manufacturing, assembly, and distributors of such equipment

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Growth Drivers and Opportunities

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Market Potential

There are many more indicators that the Egyptian mining sector is emerging as high-potential place for investment and also there is bound to be a demand for mining equipment that would be very vital for an accelerated growth, and there is a need to adopt global sourcing

Brickwork Sourcing works with many mining and drilling companies and has capabilities of providing end-to-end sourcing as well as vendor and supply chain management solutions.

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“The information contained in this document that includes text, graphics and links, are provided on an “as-is”, "with all faults" and "as available" basis and are without warranty of any kind. While Brickwork relies on sources that are believed to be reliable, it cannot rule out errors in judgment or application. The document is intended for “information” and “general guidance” purposes only.” Investment decisions and/or other decisions based on the conclusions and potential strategies mentioned in the document are not necessarily endorsed by the Brickwork management.”

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About Brickwork Sourcing

Brickwork is the pioneer of the Virtual Office business. We provide virtual support for businesses across the globe. Our well informed Remote Sourcing Analysts (RSAs) can provide support at any or all stages of your sourcing lifecycle. Your Virtual Sourcing Office can be a large team of analysts supporting large companies with established procurement processes or a one-man-show to function as your entire procurement office.

Disclaimer

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THANK YOUTHANK YOUContact:[email protected] Sanjeeth HegdeIndia: +91 (80) - 4040 – 9999 (218 Ext)

13 April 2023

www.brickworksourcing.comwww.brickworksourcing.com