The president also expressed Egypt’s interest in expanding the existing partnership beyond the operation of the Sukari mine into a broader strategic partnership across the country’s mining sector.
By: Business Today Staff
Mon, Sep. 28, 2026
President Abdel Fattah El-Sisi met on Monday with Alberto Calderon, CEO of AngloGold Ashanti, on the sidelines of the Egypt Mining Forum 2026.
During the meeting, El-Sisi expressed his appreciation for Egypt’s strategic partnership with AngloGold Ashanti, the operator of the Sukari gold mine, reaffirming the government’s commitment to supporting the company’s investments and providing an environment conducive to the growth of its operations in Egypt.
The president also expressed Egypt’s interest in expanding the existing partnership beyond the operation of the Sukari mine into a broader strategic partnership across the country’s mining sector. This would include exploration, technology and expertise transfer, training and capacity building for Egyptian professionals, development of local supply chains, and attracting additional investment.
The meeting reviewed the company’s operations and future expansion plans in the Egyptian market, as well as opportunities to strengthen cooperation in the mining sector.
Calderon outlined AngloGold Ashanti’s major investments in Egypt and other markets where the company operates worldwide.
He said Egypt is one of the company’s priority investment destinations, adding that AngloGold Ashanti plans to inject further investments into several promising mining areas in the coming period. The planned expansion is expected to support the discovery and development of new projects similar to the Sukari gold mine.
The two sides also discussed prospects for expanding AngloGold Ashanti’s exploration programs in Egypt, particularly in gold mining.
El-Sisi reaffirmed the government’s commitment to providing the necessary support and facilitating the company’s operations as part of Egypt’s strategy to expand its mining sector, increase its contribution to the national economy, and capitalize on the sector’s investment potential to attract further foreign investment.