The meeting was held in the presence of Foreign Minister Dr. Badr Abdelatty and Egypt's Ambassador to South Africa, Ahmed Ali Sherif.
The Prime Minister expressed his appreciation for the
strategic partnership with AngloGold Ashanti, the operator of the Sukari gold
mine. He affirmed his commitment to following up on and supporting the company's
investments in Egypt, noting his previous visit to the mine and his keenness to
learn about its current developments.
Stuart Bailey affirmed the company's appreciation for the
Egyptian government's interest in and support for its investments. He expressed
the company's aspirations to conduct more exploration and increase its
investments in Egypt in the coming period, particularly in gold mining.
Bailey congratulated Dr. Madbouly on the opening of the
Grand Egyptian Museum, considering it evidence of the Egyptian state's efforts,
and noted that the company will provide sponsorship and promotion for this
great cultural landmark.
The meeting included an extensive discussion on supporting
AngloGold Ashanti's investments in Egypt and the steps being taken to overcome
any obstacles facing the company's work in the mining sector.
Madbouly affirmed his commitment to addressing any
challenges to the company's investments, especially in light of Egypt's
keenness to expand gold mining given the promising opportunities for foreign
investments in the sector. He expressed his readiness to host a company
delegation in Cairo for further consultations on ways to smooth any obstacles
to their investments in Egypt.
The Managing Director and Vice-Chairperson of Sukari Gold Mines Engineer Hoda Mansour confirmed the ongoing cooperation with Egypt's Ministry of Petroleum and Mineral Resources to support the company's investments and her eagerness to follow up on the resolution of any hurdles.