AFAQ Mining is an Egyptian mineral exploration and development company established in 2018, dedicated to advancing sustainable gold exploration in Egypt's Eastern Desert.
Through a strategic partnership with Shalateen Mineral Resources Company (SMRC) and the Mineral Resources & Mining Industries Authority (MRMIA), the company holds the exploration and exploitation rights for the West Gabal Elba (WGE) Concession, where it is advancing the Romeit, Hemida, and Masho Shinai prospects.
In 2026, AFAQ Mining achieved a major milestone by successfully confirming Egypt's latest commercial gold discovery at the Romeit Prospect, marking a significant step toward the development of one of the country's most promising gold projects. The discovery is supported by a comprehensive technical evaluation prepared in accordance with the NI 43-101 reporting standard, providing a robust technical and economic foundation for the project's next phase of development.