Ossama El Maghraby | Positive Mining Reform is Creating New Investment Opportunities in Egypt

Egypt is on the verge of once again becoming a world-renown gold producer. The Golden Age is being rediscovered. For millennia, ancient Egyptian kingdoms prospered from unparalleled riches. Pharaohs built their empires and flaunted their abundant wealth that was made possible by the country’s resource-rich gold deposits. Despite this rich history, modern Egypt remains one of the most underdeveloped gold mining countries in the world. In this interview, Ossama El Maghraby shares how Egypt is currently undergoing a mining renaissance of which many are not aware. He is the chairman of Gold Pyramid Group which currently represents and manages Resolute Mining’s Egyptian operations. Ossama has over 12 years experience working in the mining industry in Egypt. While working for Centamin he was in charge of handling governmental affairs. Centamin owns the world-class Sukari gold mine which is the only operating gold mine currently in Egypt. Ossama shares in this interview that he believes many of the positive changes proposed for mining reform are on the verge of being implemented. 0:05 Introduction 1:40 Ossama El Maghraby’s background and mining experience in Egypt 3:37 Overview of mining in Egypt today 4:36 Egyptian government’s relationship with mining companies 7:34 How soon will Egypt implement positive changes to the mining code? 9:01 Ossama comments on the current law regarding joint ventures between the Egyptian government and producing mining companies 10:52 Foreign countries roles in helping Egypt with mining reform 12:18 How mining reform is legally implemented in Egypt 14:44 Mining in Egypt was unaffected by the 2013 governmental change 15:58 Current opportunities for investors and mining companies in Egypt Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred. To access the free Resource Insider E-book: https://capitalistexploits.org/86-5.html To learn about the Resource Insider investment service: https://capitalistexploits.org/86-6.html Use discount code “MSE” and receive 15% off the normal subscription rate.