"Egypt is home to a wealth of mineral resources including gold, copper, silver, zinc, platinum and a number of other precious and base metals. With the availability of such resources, Egypt has the potential to be one of the top mining jurisdictions in the world.
Egypt's mining industry has been almost entirely undeveloped, with only three main foreign players. Hence, with very little mining activity in recent history, the Egyptian landscape is ripe with opportunity for modern exploration and mining techniques.
Egyptian investors and economists are expecting that the country's new mining law will create a pathway for rising exploration and investment opportunities in the field of mineral extraction and therefore boost the national economy and international exposure, ultimately providing ease of business."