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Centamin PLC Sukari Operations

Date : 25/07/2012 @ 07:55
Source : UK Regulatory (RNS & others)
Stock : Centamin (CEY)
Quote : 39.66  0.79 (2.03%) @ 12:00

Centamin PLC Sukari Operations

TIDMCEY

RNS Number : 4430I

Centamin PLC

25 July 2012

 
 For immediate release   25 July 2012 
 

Centamin plc ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

Sukari Operations Temporarily Halted

Centamin announces that it has temporarily halted operations at its Sukari Gold Mine in Egypt due to illegal labour unrest from a small percentage of the Sukari workforce.

The illegal work stoppage commenced as a result of a dispute with on-going discussions relating to general salary increases. The Company is continuing its discussions and has the full support of the Egyptian Mineral Resources Authority and the Ministry of Labour.

The Company does not consider this interruption to production to be material at this stage and will provide further updates in due course.

For more information please contact:

 
 Centamin plc                Buchanan 
  Josef El-Raghy, Chairman    Bobby Morse / Cornelia Browne / Gabriella 
  +44 (0) 20 7569 1670        Clinkard 
                              + 44 (0) 20 7466 5000 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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