Egypt: Mining Presidential Official Calls for Amending Current Law

Ibrahim Ismail, the official of the mining file in the Presidency said on Monday 28/1/2013 that mining in Egypt is one of the most promising sectors that will play a major role in pushing the locomotive of development.

He said that the current mining law should be amended as it was issued in 1956 and has not been changed since then, noting that the Shura Council is now studying a new law according to the new constitution.

Ismail added that the mining sector suffers many problems, including lack of resources control, poor usage, high wastage and nonpayment of the State's rights.

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