Sawiris to buy gold miner La Mancha for $492 million

Naguib Sawiris, the Egyptian billionaire founder of Orascom Telecom Holding SAE, plans to add gold to his investments after agreeing to buy Canada’s La Mancha Resources Inc. for about C$500 million ($493 million).

Click here to read more

Related Posts

La Mancha Resource Capital logo with green and blue text

ESG report

2025 Annual Sustainability Report

September 28, 2026
Falcon Energy Materials corporate logo featuring a gold geometric falcon emblem above bold black text for the graphite and energy storage provider.

Press releases

La Mancha supports Falcon Energy Materials’ private placement

September 24, 2026
Belo Sun Mining corporate logo featuring a four-point compass star emblem beside blue, yellow, and green text.

Press releases

La Mancha Fund increases economic exposure to Belo Sun Mining to 19.9%

September 8, 2026