Proven Production. New Access. Underexplored Ground.

The Arabian-Nubian Shield. Egypt’s Eastern Desert lies within one of the region’s most prospective yet underexplored geological terrains, with established gold mineralisation, historic mining activity, and substantial ground that has seen limited modern systematic exploration. Prospective Geology · Historic Gold Mining · Underexplored Ground · Modern Exploration Potential Ancient Geology. Modern Exploration. New Opportunity.

A New Mining Framework. Mining as a Strategic Priority Egypt is positioning mining as a strategic sector for investment and long-term economic growth, with reforms focused on improving licensing, investment access, fiscal competitiveness, geological information, and the pathway from exploration to development. The government’s long-term ambition is to increase mining’s contribution to GDP to approximately 5–6%. The Open Blocks System, introduced in 2026, reflects this shift by allowing investors to apply for available mineral opportunities without waiting for fixed bid-round deadlines. Once the first offer is received for a block, a 30-day competitive window opens, while other available blocks remain accessible. Policy Is Moving. Access Is Expanding. Opportunity Is Opening

Global Mining Companies Are Already Investing in Egypt’s Potential. AngloGold Ashanti holds the Nugrus and Najd exploration blocks in Egypt’s Eastern Desert, covering approximately 1,389 km² within the Arabian-Nubian Shield. Barrick has also established an exploration position in Egypt’s Eastern Desert, reflecting international interest in the country’s underexplored gold potential. International participation is an important signal of Egypt’s growing mining opportunity.