Centamin grows Sukari gold reserves for second straight year. gold mining miningnews egypt
Sukari is Egypt’s sole gold-exporting mine and the first large-scale modern gold operation in the North African nation.
Of the additional reserves, 400,000 oz. were added within the open pit at an average gold grade of 1.0 g/t. Another 400,000 oz. were added within the underground at an average gold grade of 3.9 g/t, representing an 11% improvement and further supporting Centamin’s plan to increase the underground mining rate to 1.5Mtpa.
“We have added nearly 2 million oz. of gross mineral reserves over the last two years, and we remain confident in delivering more growth both at Sukari and across the wider portfolio,” he added.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gold objects found in Troy were mass-produced, travelled great distancesGold in objects from Troy, Poliochni and Ur in Mesopotamia have the same geographic origin and were traded over great distances.
Read more »
Gold Price Forecast: XAU/USD eyes a break above $1,800 ahead of US InflationGold price (XAU/USD) has picked recovery after dropping marginally below $1,796.00 in the early Tokyo session. The precious metal is aiming to extend
Read more »
Gold Price Forecast: XAU/USD extends losses below $1,790.00, manifests pre-Fed policy anxietyGold Price Forecast: XAU/USD extends losses below $1,790.00, manifests pre-Fed policy anxiety – by Sagar_Dua24 Gold XAUUSD Fed Inflation DollarIndex
Read more »
Florida Attorney General aims to shutter Gold Standard Moving and Storage - Jacksonville Business JournalState officials say companies scammed hundreds of Floridians.
Read more »
Gold Price Forecast: XAU/USD eases below $1,800 on sluggish markets ahead of Fed’s verdictGold Price Forecast: XAU/USD eases below $1,800 on sluggish markets ahead of Fed’s verdict – by anilpanchal7 Gold XAUUSD Fed Inflation Recession
Read more »
Gold Price Forecast: XAU/USD could resume the upside above the $1,800 markGold price is dropping for the first time in five trading days on Monday. Here you can find XAU/USD’s technical analysis by FXstreet’s Dhwani Mehta. G
Read more »