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.