Egyptian President Abdel Fattah El-Sisi met with Alberto Calderon, CEO of AngloGold Ashanti, on the sidelines of the Egypt Mining Forum 2026. The meeting was attended by Egyptian Prime Minister Mostafa Madbouly, Petroleum and Mineral Resources Minister Karim Badawi, and representatives from AngloGold Ashanti. President Sisi expressed his appreciation for the strategic partnership with AngloGold Ashanti, which operates the Sukari gold mine.
During the meeting, President Sisi emphasized the Egyptian government's commitment to supporting AngloGold Ashanti's investments in the country and providing a conducive environment for the company's growth. He also expressed his desire to elevate the existing partnership to a more comprehensive strategic partnership in the Egyptian mining sector. This would involve expanding into areas such as exploration, technology transfer, and training national cadres.
Alberto Calderon, CEO of AngloGold Ashanti, expressed his pride in meeting with President Sisi and praised the ongoing support provided by the Egyptian government to the company. He reviewed the company's main investments in Egypt and globally, affirming that Egypt is a priority investment destination for AngloGold Ashanti. Calderon also appreciated the efforts made by the relevant authorities to overcome any challenges facing the company's activities in Egypt.
The meeting witnessed a review of the company's business developments and future plans for expansion in the Egyptian market. The two parties also discussed ways to enhance their cooperation in the mining sector. AngloGold Ashanti's Sukari gold mine is one of the company's key operations, and the Egyptian government is keen on supporting the company's investments in the country.
President Sisi's meeting with Calderon reflects the Egyptian government's efforts to attract more investments in the mining sector. The government aims to develop the sector and capitalize on Egypt's mineral wealth. AngloGold Ashanti has been operating in Egypt for several years and has made significant investments in the country.
The Egypt Mining Forum 2026, which took place recently, brought together various stakeholders in the mining sector to discuss investment opportunities and challenges facing the industry. The forum provided a platform for investors and government officials to engage in dialogue and explore ways to develop the sector.
The meeting between President Sisi and Calderon demonstrates the strong partnership between the Egyptian government and AngloGold Ashanti. The two parties are committed to working together to develop the mining sector and promote economic growth in Egypt.
Key points
- President Sisi emphasizes Egypt's support for AngloGold Ashanti's investments in the country.
