Egypt Independent

Egypt flies 206 kgs of gold to Canada for sale



Egypt flew 206 kilograms of gold from its Sukari gold mine late Sunday to Canada for refining and sale at world stock markets.
 
Sources at the Cairo International Airport’s cargo department said the shipment had arrived at the airport on board a private plane accompanied by five representatives from Centamin, the Australian-based owner of the Sukari gold mine.
 
The Egyptian government and Centamin will share revenues from the sale according to their contract, sources explained.
 
The Sukari gold mine is Egypt’s, and one of the world’s ten biggest gold mines. It is located 30 kilometers south of Marsa Alam, the Red Sea.
 
 
Edited translation from Anadolu Agency