At the beginning of his participation in the International Conference and Exhibition on Mining PDAC held in Toronto, Canada, Engineer Tariq Al Mulla, Minister of Petroleum and Mineral Resources, opened the Egyptian pavilion in the presence of the Egyptian Ambassador to Canada Ahmed Abu Zaid, Engineer Alaa Khashab, Deputy Minister of Mineral Resources and Geologist Osama Farouk, Chairman of the Mineral Resources Authority and Dr. Tamer Abu Bakr, President of the Chamber of Petroleum Mining in the Federation of Industries and members of the Egyptian delegation participating in the conference.

 Eng. Tariq Al Mulla participated in the activities of the International Ministerial Summit for Mining, which represents a basic event held every year within the activities of the International Mining Conference in Canada. Participants in the summit were ministers and officials of more than 10 major countries in the field of mining, most notably the United States, in which a representative of the Assistant US Secretary of State for Affairs participated. Energy Francis Fanon and Chile, South Africa, Finland and Ecuador. Participants discussed the main theme of this year's summit, which is the contribution of mining to the sustainable development of countries in a way that preserves the environment and society and ways to switch to green mining. They also discussed and reviewed the best international experiences and practices for developing the mining industry in addition to international cooperation in the governance of the mining sector.

 For his part, Engineer Tariq Al Mulla reviewed before the summit the new Egyptian model in light of developing the mining sector and making many reforms to improve the investment climate in this vital sector, indicating that Egypt seeks to attract investors and major international companies to invest in the Egyptian mining industry by creating an attractive climate and keeping pace Global practices in this industry, which ultimately supports the realization of its vision to transform the mining sector into a strong contributor to the national product, especially since Egypt has the oldest mining industry in the world and abounds with many untapped mineral resources and opportunities as well as an infrastructure High-level expanded the Egyptian state in recent years, roads, and ports facilities and services, as well as sources of energy available, paving the way for the success of the mining investments in Egypt.

   Al-Mulla emphasized before the summit that Egypt has taken important steps on the ground to develop the mining sector and attract investments, foremost of which is the amendment of the law regulating mining activities, the amendment of the investment and financial system in investment contracts to keep pace with the best practices and investment regulations in place globally and the facilitation of procedures for investors to motivate them and speedy start in mining activities and operations Pointing out that mid-this month, Egypt is launching a major global bid for gold and associated minerals with a total of 320 sectors over an area of ​​about 56,000 square kilometers in the area between latitudes 23-28 degrees B The Eastern Desert and the Red Sea, and that the new bidding is the first to be launched after the amendment of the law and the adoption of new regulations and procedures that have been approved, and Mulla pointed out that these steps were taken according to a scientific approach that was implemented in cooperation with a specialized international consultant to study the conditions of the mining sector in Egypt and diagnose challenges And obstacles to the flow of investments and then come up with realistic solutions to overcome them and start applying those solutions on the ground.

 He also stressed the importance of maximizing the contribution of mining to the domestic product of mining countries, which ranges between 0.5% and 20%, indicating that the increase in foreign investments to Egypt will support its ability to increase the mining contribution to the national product and then create significant added value, returns and job opportunities and achieve real development And he stressed the importance of concerted efforts of states, companies and scientific institutions in the field of continuous development of technology used in technology in research and mining work in a way that reduces costs and thus leads to the availability of resources that help in the transition to green mining.