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Madbouly reviews plans to boost gold production at Sukari mine

Businessmen Team news 30 November 2025 07:42 PM
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Madbouly reviews plans to boost gold production at Sukari mine

Prime Minister Dr. Moustafa Madbouly held a meeting today at the government headquarters in the New Administrative Capital with officials from AngloGold Ashanti, the operator of the Sukari gold mine, to review progress at the site.

The meeting was attended by Minister of Petroleum and Mineral Resources Karim Badawi, Managing Director and Vice Chairperson of the Board of the Sukari Gold Mining Company Hoda Mansour, Senior Vice President of AngloGold Ashanti Africa Terry Strong, and Ambassador Baso Sangqu, Senior Vice President for Sustainability and Government Relations at AngloGold Ashanti Africa.

The Prime Minister expressed appreciation for the existing partnership between the Egyptian government and AngloGold Ashanti, the operator of the Sukari mine which is the largest gold producing mine in Egypt. He stated that there are ambitious plans to increase gold production from the mine. He added that these plans require coordinated efforts between the company and all relevant government entities to accelerate work and achieve the targeted results.

Madbouly affirmed support for any measures aimed at accelerating the pace of work at the Sukari mine in a way that serves the mutual interests of both sides.

Badawi reviewed the measures taken by the ministry to support the mining sector. He stated that the state attaches great importance to this sector. He added that the partnership with AngloGold Ashanti at the Sukari mine is significant. He noted that the mine is among the top ten gold mines worldwide and is managed using the latest technological systems.

The Minister highlighted cooperation with the company to enhance the capabilities of the mine’s workforce. He stated that this cooperation supports efforts to maximise the benefits of this important national asset.

Mansour reviewed several key areas of cooperation with the government in the coming period. She stated that these areas will contribute to increasing productivity at the Sukari mine.

Strong stated that AngloGold Ashanti is a global mining company with more than a century of experience. He said that the company values its partnership with the Egyptian government. He added that investments in Egypt are exceptionally positive due to the strong support and commitment received from Prime Minister Dr. Moustafa Madbouly and Minister Karim Badawi. He stated that this support contributes to the success of the joint project.

He said that the company is committed to ensuring that Egypt maximises the benefits of developing the gold sector by creating job opportunities in the local market and developing the skills of workers in the sector.