Egypt Eyes Gold Rush With Fresh Exploration Tender by March

  • Bidding follows recent relaxing of rules for mining industry
  • North African nation on a mission to spur foreign investment
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Egypt will invite international gold-mining companies to take part in a new exploration tender after the North African country eased the rules to woo investors, according to a person familiar with the matter.

The tender will be announced by early March, said the person, who asked not to be identified because the information isn’t public.