Egypt's sales of gold, silver achieve $878.2M in 2022

CAIRO - 28 December 2022: The Egyptian Ministry of Petroleum announced that Egypt's sales of gold and silver during 2022 increased by 17 percent, on an annual basis.

 

The petroleum ministry indicated, in a report issued, Wednesday, that about 568,000 ounces of gold and silver were sold during 2022, with a total value of $878.24 million.

 

It added that the value of the royalty due during 2022 amounted to about $26 million.

 

Furthermore, about 9.5 million tons of mineral products and raw materials were produced during 2022, marking an annual increase of 50 percent.