Published 2 days ago

Centamin reports a strong Q3 performance

Summary by African Mining Market

Egypt-focused gold miner Centamin reported a strong third-quarter performance, as operational improvements at the flagship Sukari mine lifted production while gold sales were bolstered by record prices. The miner, which is currently being acquired by AngloGold Ashanti, said gold production increased 30% year-on-year to 131,726 ounces (oz), Gold sales surged 44% to 149,659oz, as the average realised gold price jumped 28% to US$2,459/oz. Group rev…

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Centamin reports a strong Q3 performance

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