Chile, Egypt
With the help of Naguib Sawiris's family office, Altus Strategies strikes gold in Chilean copper

Altus Strategies' recent acquisition in Chile will allow it to finance its exploration projects in Africa, with the help of La Mancha, owned by the Sawiris family. [...]
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Egypt
New arbitration interferes with Sisi's desire to reopen mines to foreign investors

The Egyptian president is keen to reopen the country's mines, which have long been a state monopoly, to foreign investors. At the same time, mining developer Mohamed A.R. Bahgat, one of the first private operators to venture into Egypt's mining sector, has filed multiple legal actions against the Egyptian state, from which he is claiming $120m.

LogoSubscribers only Mining 07.09.2021

Africa
Endeavour restructures shareholdings around UK and Cayman Islands

The London listing that Africa's largest gold producer is seeking shareholder approval for on 25 May will involve a new financial set-up. The group led by Sébastien de Montessus has already created a new holding company in London that is expected to absorb its current parent company in the Cayman Islands if the London listing goes ahead.

LogoSubscribers only Finance, Mining, Business 10.05.2021

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