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• Aton’s a hundred% owned Abu Marawat Concession is found in the new Main Eastern Wasteland out of Egypt, around 200km north away from Centamin’s Sukari gold mine.
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“Following its grand achievement, the following bid bullet is actually quickly disclosed to your very first quote winners’ announcement,” EMRA’s Ibrahim informed EOG. The newest effective companies integrated; Centamin, Barrick Gold, Lotus Gold Corporation, B2Gold, Red-colored Water Information, AKH Silver, and SRK Contacting. The newest Egyptian businesses are; MEDAF, Al-Abadi, Northern Africa Exploration and Oil Company (NAMC), and Ebdaa to possess Gold Exploration. The businesses will take care of 82 concession section to your an area of 14,100000 km2 regarding the East Wasteland that have a first money from $sixty million lowest. Although not, on account of COVID-19, the outcome was put off four months and you may have been instead announced to your November 19.

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