Freeport Concludes Second Sulphur Exploration Agreement with Egypt
The Freeport Sulphur Company ofthe US has concluded a second agreement with the Egyptian Geological Survey andMining Authority (EGSMA) to explore for sulphur in 14,500 sq. kms. in the Gulfof Suez area. The agreement requires the approval of the Egyptian Government.The first agreement, signed on 27 July (MEES, 3 August), covered 1,250 sq. kms. in the al'Arish area in north Sinai. Both...
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