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Stone weights from the Old Kingdom have been found, weighing about 13.6 g (0.48 oz; 0.44 ozt), giving presumed value of the gold deben, e.g. the weighing stone of king Userkaf. [5] The same unit was used for the jasper weighing stone of the First Intermediate Period king Nebkaure Khety .
The company operates the Sukari Gold Mine in the Eastern Desert of Egypt, [4] some 700 km from Cairo and 25 km from the Red Sea. First gold was poured at Sukari in June 2009 and commercial production began on 1 April 2010, making Sukari the first modern gold mine in Egypt, a country which in ancient times was a prolific producer of the precious metal.
A Gold souk (Arabic: سوق الذهب) is a gold market in Arab countries of Arabian Peninsula and particularly in GCC countries. [1] The word souk is mostly used by Arabs for open markets. The term evolved through the expatriates settled in Gulf Cooperation Council countries, and spread to other Asian and western parts due to the growing ...
Mining in Egypt has had a long history that dates back to predynastic times. Active mining began in Egypt around 3000 BCE. Egypt has substantial mineral resources, including 48 million tons of tantalite (fourth largest in the world), 50 million tons of coal, and an estimated 6.7 million ounces of gold in the Eastern Desert. [1]
Usually the word mina referred to a mina of silver, but Plautus also twice mentions a mina of gold. [19] In the 4th century BC, gold was worth about 10 times the same weight of silver. [20] In Plautus, 20 minae is mentioned as the price of buying a slave. [21] It was also the price of hiring a courtesan for a year.
In Homer's poems, it is always used of gold and is thought to have been quite a small weight of about 8.5 grams (0.30 oz), approximately the same as the later gold stater coin or Persian daric. In later times in Greece, it represented a much larger weight, approximately 3,000 times as much: an Attic talent was approximately 26.0 kilograms (57 ...
The Gold Market (Arabic: سوق الذهب Souk ad-Dahab; also known as the Qissariya Market, Arabic: سوق القيسارية Souk al-Qissariya) is a narrow covered passageway located in the old quarter of Gaza, Palestine; it is both a center for trading and buying gold, and location for foreign exchange. [1]
Teos' successor Nectanebo II kept this practice, though coining his personal gold staters. Gold stater as a daric (about 8.42 grams), obverse with a prancing horse on the right, [1] reverse with the hieroglyphs nfr-nb. Small gold stater (about 2.56 grams, diameter 14-15 mm), with a probable picture of a leaping gazelle.