Egyptian Minerals Sector Continues to Show Strength

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Researched by Industrial Info Resources (Sugar Land, Texas)--Egypt is endowed with heavy mineral sand deposits distributed throughout the country. In the south of the country is Abu Dababb deposit, which is located 770 kilometers south of Cairo and 75 kilometers from the Port of Quseir.

The Nile delta could become the source of ilmenite and zircon. Centamin Egypt Limited (Alexandria, Egypt) and Kara Gold NL have are 50:50 partners in Egyptian Pharaoh Investment, which is currently assessing the Rosetta heavy mineral sands project, 60 kilometers east of Alexandria.

Phosphate and limestone are mined near Bur Safaga and Quseir on the Red Sea Coast. El Nasr Phosphate Company and the Red Sea Phosphate Company have been mining phosphate for a number of years.

Egyptian iron ore is mined in the El Gedida area of the El Bahariya Oasis in the Western Desert. The nearly 3 million tons per year produced from this deposit is destined for Hadisolb's Helwan Iron and Steel Works near Cairo.

On May 24, the Industrial Developing Authority will hold a meeting about the black sands minerals project at the Elburullus dunes. The meeting will be held at 10 a.m. in the Conference Hall of Egyptian Federation of Industries in Cairo. Everyone is invited. The meeting will involve a full presentation of the different aspects of the project, followed by an open discussion to respond to inquiries relevant to the project. The results of a comprehensive feasibility study about the investment potential of the project will be discussed. The mineral reserves of the area are estimated to be 285 million tons.

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