Wednesday, April 12, 2017

Centamin - CEE.t

Centamin - CEE.t is a mineral exploration, development and mining company.

Production was 439,072 oz in 2015 at AISC of $ 842

On April 10, 2017 the company released numbers.

Centamin is pleased to announce preliminary production results for the quarter ended 31 March 2017 from its Sukari Gold Mine (“Sukari”) in Egypt.

Preliminary total gold production for the quarter was 109,187 ounces, a 20% decrease on the previous quarter and 13% lower than Q1 2016. The reduction in quarterly production is in line with Centamin’s forecast and the Company maintains its 2017 guidance of 540,000 ounces at a cash operating cost of US$580 per ounce and all-in-sustaining cost (AISC) of US$790 per ounce.