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PART 1: ORGANIZATIONAL STRUCTURE & FISCAL REGIME Model Agreement Framework Royalty & Taxes

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INTRODUCTION

INTRODUCTION

the country’s mineral resources through its subsidiaries which are: SMW Gold, Shalateen Mining Co., Egyptian Company for Mineral Resources, Phosphate Misr Co., Al wadi elgadied Co., Al Sukari Gold Mines Co., Hammash Misr, ATON Resources Inc, and Thani Dubai Mining LTD.

For the fiscal regime, the model agreement framework in the mining sector is the Royalty & Taxes model. The Royalty & Taxes model was applied for the gold bid round 2020.

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Taxes

The contractor bears all the expenses, and shall pay To EMRA Royalty% Free Carried Interest Min. (%)

Shalateen is an independent company, it has its own special fiscal regime as it is working upon production sharing agreement.

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