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”).
Mining Exploitation Agreement ModelMining Exploitation Agreement • July 21st, 2020
The Egyptian Mineral Resources Authority, a legal entity established by the Presidential Decree No. 452 of 1970 as amended, having its Legal Headquarters at 3 Salah Salem Rd. Abbassiya, Cairo, Egypt and represented herein by , in his capacity as the Chairman.
