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Egypt allows Centamin to resume gold exports

  • Egypt: Tuesday, January 08 - 2013 at 05:08

Egyptian custom officials have said Centamin has been allowed to export a shipment of gold after blocking it for several weeks for not having the proper permits, Reuters has reported. "The company that owns the Sukari mine has presented the necessary permits to export the gold to Canada for purification before it is sold on world markets," Magdy Abdel Aziz, the head of the central department at the cargo customs section of Cairo airport, told the news service. Centamin has been plagued by difficulties in Egypt over the last three months, with a court questioning its right to produce gold at its only mine, customs officials holding up exports, and the country's petroleum ministry disrupting fuel supplies.

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