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State determined to revive mining activity

Friday, 16 October 2020 18:13

SKIKDA- Minister of Mining Mohamed Arkab affirmed Thursday, in Skikda, that “the State is determined to revive the mining activity.”

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ILLIZI-The artisanal gold mining project in the great south is “an added value” to the development and diversification of the national economy, said Sunday the Minister of Mines Mohamed Arkab.

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ALGIERS – Mining Minister Mohamed Arkab on Monday announced that the national gold production will not exceed 58 kg in 2020, dubbing it "extremely poor" compared to the national stock of this precious metal which is 121 tonnes.

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ALGIERS- Minister of Mines, Mohamed Arkab, said Wednesday in Algiers that the development of the mining sector and the exploitation of mining wealth will contribute to the diversification of the national economy and the creation of job opportunities in remote and grey areas.

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ALGIERS- A roadmap is being implemented in the sector of mining, comprising notably the revision of the law governing the sector and the organization of national conferences on mining in order to supply the national economy with raw materials that are currently imported, said Minister of Mining Mohamed Arkab.  

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ALGIERS-Minister of Mines Mohamed Arkab on Monday urged a new impetus to the mining sector which faces the challenge of contributing to the diversification of the national economy and the increase of the country's foreign exchange revenues.

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ALGIERS- Minister of Mines Mohamed Arkab affirmed Sunday that several reforms will be engaged in the sector of mining, like the revision of the current legislation in order to attract investments, adding that the draft bill on mines will be submitted to the Council of Government in the next few days.

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ALGIERS- Young people are allowed to form cooperatives to explore and exploit gold mines in the south of the country, said Minister of Mines Mohamed Arkab.

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ALGIERS- The Ministry of Energy has completed the drafting of the implementing texts relative to the new Law on Hydrocarbons, which is expected to attract more foreign investors, said Energy Minister Mohammed Arkab on Thursday.

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ALGIERS- Energy Minister Mohamed Arkab, Chairman-in-Office of the OPEC Conference, said that the recovery of Libya’s oil production will not impact OPEC+'s output deal cut to ensure the oil market stability, which experienced an unprecedented shock due to the fallout from the new Coronavirus pandemic.

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