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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Centamin PLC (PK) | USOTC:CELTF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.88 | 0.00 | 00:00:00 |
Centamin Egypt Ltd. (CEY.LN), Monday announced that the first gold from the Sukari Gold Project, Egypt, was poured on Friday, Jun. 26.
MAIN FACTS:
-This milestone marks the commencement of production and commissioning at the Sukari gold mine ahead of the commercial ramp up of production, which is anticipated over the coming months.
-Sukari is the first modern commercial gold mine to be operated in Egypt, and has a current mineral reserve of 142Mt @ 1.4g/t Au for 6.4Moz.
-The current mineral resource stands at 191Mt @ 1.53g/t Au for 9.39Moz Measured and Indicated, and 64Mt @ 1.7g/t Au for 3.5Moz Inferred.
-Centamin is currently stockpiling ore in anticipation of a ramp up in production later this year.
-By London Bureau, Dow Jones Newswires; +44 (0)20 7842 9296; ian.walker@dowjones.com
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