Egypt confirms its ambition to win as a major player in the global gold industry. During the Egyptian Forum of mining 2025, the Minister of Petroleum and Resources Minerals, Karim Badawi, announced that total gold sales reached 1.5 billion dollars, up dramatically by 57% over one year, illustrating the sustained dynamic in the sector.

In this promising context, society Canadian Aton Resources is preparing to take a decisive step forward with the launch of its commercial production on the Abu Marawat concession, located in the eastern Sahara. According to an official source quoted Wednesday, January 14 by Al-Sharq Bloomberg, the company expects an initial production of 10 000 ounces of gold in the fourth quarter of 2026. To make this project a reality, Aton plans to invest approximately 60 million dollars in the construction of a integrated extraction and processing plant.

Aton Resources CEO Tonno Vahk specified that the Egyptian State will receive 50% of the profits generated by exploitation, in accordance with the terms of the exploration license. La Abu Marawat concession, nestled in the heart of the Arab-Nubian Shield along the Red Sea, is renowned for its high potential for mixed deposits of gold and copper.

According to government estimates, the zone would contain approximately 134,900 ounces of gold and 1.4 million ounces of silver, that is nearly 4,200 kg of gold and more than 43,500 kg of exploitable silver. En January 2024, Aton Resources obtained an initial operating license of 20 years covering 57.66 km², including the Hamama West and Rodruin sectors. Les Authorities indicate that the company is currently intensifying its operations in order to quickly generate cash flows, intended to finance the expansion of gold and silver exploration activities in the Sahara oriental.

This rise in power is part of a broader national strategy to transform Egypt into a mining hub global. The country, which already has three major mines in terms of reserves, builds on legislative reforms and modernized infrastructures to attract major international companies.

By 2030, the Ministry of Petroleum and Mineral Resources aims to increase national gold production to 800,000 ounces per year and that of other minerals at 30 million tons. The sector is already showing robust growth: in the fiscal year 2024-2025, the gold production increased by 14%, reaching 640,000 ounces. Fort of To this dynamic, the Egyptian State is now aiming to inject one billion dollars in new investments in this strategic sector by the end of the decade.