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Monday, 13 August 2018

Aton has until February next year to submit feasibility studies for West Hamama Concession

Egypt’s Mineral Resources Authority (EMRA) gave Canada’s Aton Resources until the end of February 2019 to submit a feasibility report on gold exploration activities at the West Hamama concession, sources with knowledge of the matter tell Youm7. Aton, which is trying to acquire a 20-year exploitation license, had announced last week that EMRA accepted its declaration of commerciality for the project, which could open the door for Aton to become the second major gold producer in Egypt after Centamin.

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