Centamin to sponsor Egyptian Mining Forum

16th July 2024 By: Sabrina Jardim - Creamer Media Online Writer

Centamin to sponsor Egyptian Mining Forum

Centamin CEO Martin Horgan

As part of its commitment to assist in the development of the Egyptian mining sector, London- and Toronto-listed gold miner Centamin is partnering with the Egyptian Mining Forum this week as the event’s primary sponsor.

The Egyptian Mining Forum is set to celebrate the increasing prominence of mining in Egypt. The event is aimed at highlighting the role that innovative technologies and sustainable practices are playing throughout the sector, while promoting the untapped mineral and exploration opportunities in the region.

Hosted by the Ministry of Petroleum and Mineral Resources with support from the Egyptian Mineral Resources Authority, the 2024 Mining Forum is taking place as Egypt emerges as an exciting destination for global mining investment, says Centamin.

With over 4 000 attendees set to attend the Forum between July 16 and 17, the event seeks to facilitate collaboration between senior government officials, industry thought leaders, emerging exploration companies, financial institutions and investors.

Discussions at the event will explore the opportunities and challenges of accelerating Egypt as a leading global mining destination.

As operator of the Sukari gold mine, the first large-scale modern gold mine in Egypt and one of the world’s largest producing mines, Centamin says it is committed to the ongoing development of Egypt as a premier global mining destination through its continued work and investment in country.

The company will be represented at the forum by CEO Martin Horgan, country manager Amr Hassouna and head of exploration Howard Bills.

“Gold mining has a rich history in Egypt. As the joint owner and operator of the Sukari mine, in partnership with the Egyptian government, we have seen first-hand the growth of the industry over recent decades as well as the many economic and social benefits that mining can provide to a country.

“We look forward to celebrating the sector with all those attending the Forum in Cairo this week and to continuing the strong relationships we have with all our various Egyptian partners well into the future,” says Horgan.

“Egypt is considered to be one of the most prospective destinations for major global companies operating in the mining sector. With distinctive advantages ranging from its geologically rich mineral resources, stable political environment with strong support for foreign direct investment, good security and infrastructure networks and deep pool of human capital, there is an abundance of opportunities for mining in Egypt,” adds Hassouna.