Sisi meets AngloGold Ashanti CEO as gold miner pledges new Egypt investments

President Abdel Fattah al-Sisi received AngloGold Ashanti CEO Alberto Calderon on the sidelines of the Egypt Mining Forum 2026 opening, where both sides discussed gold exploration.

• Sisi met Calderon alongside Prime Minister Mostafa Madbouly and Petroleum Minister Karim Badawi at the forum opening.
• Sisi said Egypt aims to broaden its partnership with AngloGold Ashanti, operator of the Sukari gold mine, into exploration, technology transfer, training, and local supply chains.
• Calderon called Egypt a priority investment destination and said AngloGold Ashanti plans new investments in promising mining sites, the presidency's spokesman reported.
• Sisi confirmed Egypt will provide all necessary facilities to support the company's gold exploration programs.
• Sisi inaugurated the fifth edition of the Egypt Mining Forum and cut the ribbon opening the Egypt Mining Exhibition.
• He toured company booths including Capital Drilling and Elsewedy Electric and watched films on Egypt's mining heritage and the Sukari mine.
• Sisi affirmed the state's commitment to ensuring the success of corporate and business investments in mining and other sectors.
• Calderon announced AngloGold Ashanti submitted applications to invest in 19 new exploration areas in Egypt's Eastern Desert, spanning more than 3,000 square kilometers.
• He said the company budgeted millions of dollars for exploration in virgin areas during 2027.
• Calderon noted Egyptians comprise 97% of the Sukari mine's workforce.