Shalateen Gold Output Sees 9.6% YoY Jump, Targets Six Tonnes by 2030

Shalateen Mineral Resources' gold production is expected to exceed 850 kilograms by the end of September, marking a 9.6% year-on-year increase.

The growth in output can be attributed to higher production from companies operating within Shalateen's concession areas and an expansion of small-scale mining in Egypt's Eastern Desert.

According to a company source, gold deliveries to the Central Bank of Egypt are expected to rise by approximately 75 kilograms, from around 775 kilograms in the comparable period of 2025 to more than 850 kilograms this year.