Sunday 23 August 2009

Egypt expands gold exploration licences in eastern desert

There is a lot of interest in gold exploration licences in Egypt's Eastern Desert, the petroleum minister said on Thursday.

"It's clear that gold is starting to create a success story," Sameh Fahmy said on Thursday at a news conference, when asked about interest in the bidding round for gold exploration in seven blocks in the Eastern Desert.

Bids are due by 7 October.

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