🕐09.04.13 - 08:54 Uhr
CENTAMIN PLC -
http://www.centamin.com/http://www.centamin.com
Dear ,
Centamin is pleased to announce preliminary production results from its Sukari Gold Mine (“Sukari”) in Egypt for the quarter ended 31 March 2013.
Total gold production for the quarter was a record 87,016 ounces, a 77% increase on the corresponding quarter in 2012 and a 2% increase on Q4 2012.
Formal guidance for the current year, provided on 14 March 2013, is 320,000 ounces gold at a cash operating cost of US$700 per ounce.
Open pit total material movement of 10,550kt increased 56% and ore production of 2,133kt was up 11% on Q4 2012.
The underground mine delivered 119kt, up 6% on Q4 2012.
The run of mine ore stockpile balance increased by 38kt to 759kt at the end of the period.
Quarterly throughput at the Sukari process plant was a record 1,402kt, a 37% increase on the prior year period and a 12% increase on Q4 2012; exceeding the nameplate annualised rate of 5 million tonnes.
This performance was driven by continued high levels of productivity coupled with a reduced impact from stoppages compared with the previous quarter.
To view full release please click link below:
Q1 Production update
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Centamin plc
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