Detect the source of Mineral Resources Authority to increase Egypt's production of gold this week at 300 km from Mount diabetes in the Eastern Desert pouring new, where the volume of actual production to 4.5 tons of gold worth more than one billion pounds. Is theirs within the global gold exchanges.
The source said that Egypt's reserves of gold, worth an estimated $ 25 billion, according to company estimates production will rise to 25 million ounces within two years, and is expected to increase reserves to 50 million ounces.
The year 2010 has witnessed the start of production of the first plant went from a mine diabetes in the Eastern Desert, which is the first factory for the production of gold in Egypt and the Middle East production rate of up to 183 kilograms of gold in the framework of commercial production of the mine, which is scheduled to increase gradually to 200 thousand ounces equivalent to Total Egypt's production of gold during the last century, which stood at 7 tons.
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