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Egypt launches aerial survey for gold, copper and other minerals

Egypt plans to conduct its first nationwide aerial geological survey in more than 40 years to identify gold, copper and other mineral reserves as it seeks to attract foreign mining investment.

Spain’s Xcalibur Smart Mapping will work with Egypt’s Nuclear Materials Authority to carry out the project.

Energy Minister Karim Badawi said the survey will cover areas including Egypt’s Eastern and Western deserts and the Sinai Peninsula.

The aim is to create a “modern, highly accurate mining database” to help investors identify commercially viable mineral deposits faster and with lower exploration risk, he said.

Egypt to launch mining survey in bid for international investors

Egypt is planning a nationwide geological survey of mining sites that are likely to attract foreign investment.

The study will compile detailed geological data and map potential deposits of gold, copper and other minerals across the country, Minister of Petroleum and Mineral Resources Karim Badawi said in a statement.

The information will be made available to prospective investors to support bidding in upcoming exploration tenders.

As part of the initiative, the ministry plans to coordinate with international consultants and local institutions to update and digitize existing geological records.