centamin | Egypt Oil & Gas - Part 2

Centamin Awards Capital Drilling New Contract, Extends Another

Centamin awarded Capital Drilling (Egypt) LLC with a conditional open-pit waste mining services contract for the East wall in addition to expanding and extending its existing drilling contract at Sukari gold mine. ...

El Molla Announces Gold Bid Round Results, Launches New Tender

Tarek El Molla, Minister of Petroleum and Mineral Resources, announced the results of Egypt’s gold bid round, where 11 national and international mining companies won the rights for exploring 82 concession areas f ...

Centamin’s Sukari Production Hikes by 31% YoY

Centamin’s production from the Sukari gold mine increased by 31% year-on-year (YoY) in Q3 2020 with 128,240 ounces (oz) of gold compared to 98,045 oz in Q3 2019.

Centamin Suspends Operations at Sukari Pit

Centamin has announced that it will suspend its operations in the Sukari open-pit Stage 4 West wall after detecting movement in a localized area of waste material, according to a press release.

Three Renowned Firms Submit Bids in Egypt’s Gold Tender

Canadian firm Barrick Gold, Egypt-focused Centamin, and Naguib Sawiris' La Mancha Resources are competing in Egypt's international bid round for gold mining, which the Ministry of Petroleum and Mineral Resources a ...

Centamin Revenues Soar by 56% in H1 2020

Centamin’s revenues reached $449 million in H1 2020 compared to $288 million in H1 2019, increasing by 56% year-on-year (YoY).

Sukari Production Increases 11% in Q2 2020

The Sukari Gold Mine showed a significant 11% improvement in production in Q2 2020 compared to Q2 2019 with production amounting to 130,994 ounces (oz).

Centamin Issues Sustainability Report of 2019

Centamin Company has announced publication of its third sustainability report for fiscal year (FY) 2019 according to the core Global Reporting Initiative (GRI) standards and GRI Mining and Metals Sector Supplement ...

Centamin Appoints Hennie Faul as Non-Executive Director

Centamin company announced the appointment of Henrik “Hennie” Faul to the board as a non- executive director starting from 1st of July 2020.

Centamin’s Revenues Record 7% YoY Increase in 2019

Centamin gross revenues increased by 7% in 2019, recording $658.1 million against $614.8 million in 2018.

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