Common Contracts
1 similar Mining Exploitation Agreement contracts
NEW EGYPTIAN MINING REGULATORY FRAMEWORK AGREEDMining Exploitation Agreement • July 20th, 2023
Centamin announces that the framework for the model mining exploitation agreement (“MMEA”) has been agreed in principle with the Egyptian Ministry of Petroleum & Natural Resources (“MoP”) and the Egyptian Mineral Resources Authority (“EMRA”). The MMEA sets out the legal and fiscal framework that will apply to commercial discoveries made on the highly prospective c.3,000km2 of ground awarded to Centamin in 2021 for exploration in the Eastern Desert of Egypt (“EDX blocks”).
