Browse
related articles
Centamin reports drop in Q3 production volumes
- Egypt: Wednesday, October 10 - 2012 at 02:35
Centamin, a gold miner focused on Egypt, has said its production saw a solid year-on-year improvement in in the third quarter, but volumes declined on the preceding three months due to mill works and an employee strike in July. The LSE-listed firm's flagship Sukari gold mine produced 60,922 ounces in the three months to September 30, up 20% over the same period a year earlier, but down by 10% compared with the previous quarter of 2012. Quarterly throughput at the Sukari process plant was 5% higher year-on-year, but 21% down quarter-on-quarter, said Centamin. "Plant availability and productivity was impacted by a scheduled SAG mill reline in September and the illegal strike in July," it said.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
