Egypt is implementing a six-pillar mining strategy to boost the sector’s GDP contribution from less than 1 per cent to 6 per cent by 2030.

The strategy includes increasing gold output to 800,000 ounces per annum.

The country is partnering with seismic survey firms and BRICS members to develop a national geological database.

Egypt has also signed exploration agreements with major players.

The country has restructured the Egyptian Mineral Resources Authority to streamline licensing and strengthen commercial operations.

The country is also increasing engagement with global investors.