Gold production | Egypt Oil & Gas

Madbouly, AngloGold Discuss Plans to Increase Sukari Mine Output

Prime Minister Mostafa Madbouly reviewed operational developments at the Sukari gold mine in a meeting with AngloGold Ashanti, the mine operator. The meeting was attended by Karim Badawi, Minister of Petroleum and Min...

SMRC Increases Gold Production, Targets 6 Tons in 5 Years

The total gold production of Shalateen Mineral Resources Company (SMRC)  from the Iqat mine has increased to more than 900 kilograms during 2024. The increase is attributed to adopting the artisanal and small-scale mi...

Centamin Announces 450,058 Ounces of Gold Production in 2023

Centamin plc has announced its full year results for the year 2023, highlighting that gold production reached 450,058 ounces, 2% higher than 2022. Annual capital expenditure (capex) came in at $204 million, $68 millio...

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. This brings the company’s total production from January...

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), according to a press release. Per the statement, Centamin’s production increased by 9%, pr...

Sukari Production Increases 11% in Q2 2020

The Sukari gold mine showed a significant 11% improvement in production in Q2 compared to Q2 2019 with production amounting to 130,994 ounces (oz), according to a press release. Centamin, the operating company of the ...

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, according to a statement. The company has announced its annual results for 2019 denoting significant progress i...

Al-Sukari Produces 125,090 Ounces of Gold in Q1 2020

Centamin has produced 125,090 ounces of gold from Al-Sukari gold mine with gross revenue of $222.2 million during Q1 2020, according to a press release. The company’s production has exceeded Q1 2019’s by 8%, in additi...

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