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About SMRC

Historical background

Historical background

Shalateen Mineral Resources Company was established on November 26, 2012 under the decision of the Council of Ministers as an Egyptian joint stock company in accordance with the provisions of the Joint Stock Companies Law No. 159 of 1981 and its amendments, and the Capital Market Law promulgated by Law No. 95 of 1992 and its executive regulations.

The purpose of establishing the company

  1. Exploration and exploitation of mineral ores in the Arab Republic of Egypt, except for the Sinai Peninsula, while preserving the company's rights to search and exploit mineral ores in the area between latitudes 22˚ and 24˚ north in the south of the Eastern Desert.
  2. Legalization of the indiscriminate exploitation of gold
  3. Re-exploitation of old gold mines
  4. Adding value to mining ores
  5. Establishing a factory or factories to produce gold, either by itself or jointly with others
  6. Investing in the field of mineral resources, whether by itself or jointly with others
  7. The company's marketing of mineral ores in the local and international market

Company concessions

  • Wadi Al Allaqi.
  • Fatiri.
  • Hamata.
  • Hangaliya and Umm Ud.
  • Atud.
  • El Barramiya.
  • G. Eqat.
  • G. El Gerf.
  • Wadi Meisah.
  • G. Elbah.
  • Aswan.

Our Vision

  • We aim to become one of the world’s leading companies in the mining sector by applying international standards and codes, starting from exploration activities to production and marketing, with attention to the environmental and social dimension that goes in line with the state’s vision of achieving sustainable development to advance the field of mining investment in the Arab Republic of Egypt.

Our Mission

  1. Keeping up with the continuous global development in the field of mining, especially in the field of gold exploration, which provides the best investment opportunities for our partners.
  2. Giving attention to the presence of a technical team with a high degree of experience in the field of mining.
  3. Providing investment opportunities for local companies and small investors in the field of gold exploration as well as other ores.
  4. Taking care to increase the company's capital, as well as the available areas under its umbrella.
  5. Increasing the state's gold reserves.
  6. Maintain complete transparency.
  7. Commitment to the standard foundations of occupational safety, health and the environment.