Chairman’s Message
Our goal is moving forward to an endless journey of success and to set a clear vision for the company's future and develop it’s present. We are living now in a new world governed by science and knowledge as well as well-educated, trained and effective human forces.
We believe that our human resources is our treasure, as we have in the company a huge educated manpower, and a great youth energy. The strength of the company and society is the strength of our youth and our experts.
On 2014, the company had only one agreement supported by law, and due to the strong support of the Ministry of petroleum and mineral resources the company has seven agreements with seven laws in different areas in eastern desert, where the infrastructure of roads and networks is available. This really a challenge that requires huge investment as well as technical expertise and youth energy to carry out exploration work to reach advanced stages of exploration and evaluation in order to achieve a new commercial discoveries in continuation of the previous experience in the Iqat commercial discovery that was announced on 2020.
Our target is to increase the reserves and production of gold and associated minerals by exploring new areas as well as re-evaluating and exploiting the old mines, which were exploited until the beginning of the last century.
To achieve this target, the company manage its assets through two main approaches; small scale companies that exploit limited ores and The second approach is confined to the exploitation of gold ore with an average of no less than half million ounces, so that, within ten years the Shalateen Company targeting to achieve a production of more than three million ounces per year.
We are executing our projects in accordance with the certified international codes in order to achieve an increase in the contribution of the mining sector to the gdp and the profitable economic return to our partners and to the country without any harm to the natural reserves and ecosystems.
We will work to achieve social peace in its comprehensive concept as an imperative necessity to achieve and maintain sustainable development through achieving economic and environmental stability.