Egypt is preparing to offer 27 mining exploration blocks for gold and other minerals to investors by the end of 2026, a source at the Egyptian Mineral Resources Authority (EMRA) said.
The authority, which operates under the petroleum ministry, has completed geological studies for the areas, which include deposits of gold, phosphate, iron, kaolin, silica sand, feldspar and quartz, the source told Asharq Business.
The blocks are located in areas including Ras Gharib, Safaga, El Quseir, Shalateen, Marsa Alam and the Arabian-Nubian Shield, regions seen as having commercially viable reserves that could attract foreign mining companies.
In a change from previous offerings, geological data will be made available through a digital exploration platform rather than traditional bid rounds, the source said. The planned offering includes 20 newly identified areas, in addition to seven blocks whose data had already been prepared earlier in 2026.
Egypt has been seeking to expand its mining sector as part of efforts to diversify the economy.
It's worth mentioning that gold production rose 14% year-on-year to about 640,000 ounces in the 2024–2025 fiscal year, while sales increased 57% to around $1.5 billion, according to official data.
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