The zinc and lead mine in Tala Hamza and Amezour in Bejaia is expected to rank seventh globally in zinc production, with a capacity of 170,000 tons annually, which approaches the production levels of some major European mines, enhancing Algeria's position among the top global producers, according to a report from a specialized energy research platform. According to the report, the project relies on reserves estimated at about 54 million tons, of which 34 million tons are extractable, with a mineral composition of 78% zinc and 22% lead, extending over approximately 23.4 hectares, placing it among the largest mines globally in terms of reserves, and giving Algeria a leading position among the top three countries globally in zinc reserves. See the full content...
Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.
Verification of sanctions lists and individuals and terrorist entities within a mandatory 24-hour passage through banking channels for all real estate transactions, allocating more than 20 percent of the chamber's budget to enhance oversight, inspecting all notary offices nationwide in four oversight rounds. Abdel Salam Boujmaline, Vice President of the National Chamber of Notaries, reveals in an exclusive interview with “Echorouk” the behind-the-scenes of the battle Algeria fought to exit the gray list of the Financial Action Task Force “GAFI”, and the role notaries played in achieving this accomplishment, confirming that this gain paves the way for removing Algeria from the European Union's blacklist, which would enhance investor confidence and facilitate transactions.
Algeria - The SONATRACH group reported in a statement on Sunday that the agreements signed in Berlin with the companies Bosch and Siemens Energy, on the sidelines of the official visit by the President of the Republic, Mr. Abdelmadjid Tebboune, to Germany, will enhance cooperation between the two countries in the field of energy transition.
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