Ministry of Petroleum and Mineral Assets denied social media stories claiming that funding agreements have been signed for 108 gold and valuable metals mines in northern Sudan as a part of a strategic partnership.
In a commentary launched on Friday 19/6/2026, the ministry stated the stories, attributed to Minister of Petroleum and Mineral Assets Karim Badawi and circulated on unofficial social media pages run from outdoor the rustic, are categorically false and groundless.
The minister made no statements to Egyptian Radio containing such data, the ministry added, noting that no legitimate bulletins or statements have been made by way of the ministry or any of its affiliated entities on that rating.
The ministry stressed out that each one tasks, agreements, and contracts associated with petroleum and mining actions are introduced in the course of the ministry’s legitimate channels and the ones of its affiliated government and corporations to verify accuracy and transparency.
It additionally emphasised that creating Egypt’s mining trade and extending its GDP contribution is a key precedence for the federal government, noting the sphere is present process reforms geared toward making a extra horny and aggressive funding setting.
The ministry affirmed its proper to take felony motion towards the ones liable for spreading false data attributed to it or any of its officers.
