Egypt signs deal for first airborne mineral survey in 42 years

Egypt has signed a contract for its first nationwide airborne mineral survey in 42 years.

Karim Badawi, Minister of Petroleum and Mineral Resources, witnessed the signing between the Egyptian Mineral Resources and Mining Industries Authority and Xcalibur at Marsa Alam Airport.

The survey will cover six key regions including the Eastern and Western Deserts, Sinai, Bahariya Oasis and Abu Tartour.

Badawi said the project will create a modern database that reduces exploration risks and attracts new investments.

Xcalibur brings experience from more than 1,400 similar projects worldwide.

Awọn iroyin ti o ni ibatan

In a follow-up to last month's announcement of plans for a nationwide aerial minerals survey, Egypt’s Petroleum and Mineral Resources Minister Karim Badawi reviewed progress with the Mineral Resources and Mining Industries Authority, confirming cabinet approval to contract X-Calibur for the key 2026 project and advancing a digital portal for mining investments.

Ti AI ṣe iroyin

Building on his January push at Riyadh's International Mining Conference, Egypt's Petroleum and Mineral Resources Minister Karim Badawi announced plans to lift the mining sector's GDP contribution to 6% from under 1%, including a comprehensive aerial geophysical survey starting in June—the first since 1984. The remarks came at the OECD Critical Minerals Forum in Istanbul.

Egypt’s Water Resources and Irrigation Minister Hani Sewilam announced preparations to sign a cooperation protocol with the Transport Ministry and the Egyptian National Railways Authority to maximize the use of state-owned assets linked to the water sector. The remarks came during a meeting with the chairperson of MOT Investment and Development, the investment arm of the authority and ministry, where both sides discussed mechanisms for jointly managing and investing selected land plots owned by the water ministry.

Ti AI ṣe iroyin

Egypt has launched a unified digital environmental data registry for industrial facilities to support green transformation and compliance with international requirements.

 

 

 

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