Egyptian Mineral Reserves

According to the 2010 Minerals Yearbook published by the United States Geological Survey (USGS), the Egyptian mineral industry has enormous growth potential, owing to the country's rich endowment of minerals like gold, phosphates and tantalum. In 2010, Egypt was the world's 11th largest cement producer and Africa's second largest crude steel producer.

As the Revenue Watch Institute reported in 2012, gold has garnered more attention in Egypt in recent years. While production as of 2009 was only 60 kilograms from two gold mines, the Sukari Gold Mine and the Hamash Gold Mine, there may be 120 gold mines available for exploration.

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