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Gold|Mining|PROJECT|Trucks|Underground
gold|mining|project|trucks|underground

Sukari underground gold mine expansion, Egypt

Image of the Sukari gold mine openpit

Photo by Centamin

3rd March 2023

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Sukari underground gold mine expansion.

Location
Egypt.

Project Owner/s
Gold miner Centamin.

Project Description
The project proposes the expansion of the Sukari underground gold mine to 1.5-million tonnes a year of total ore mined. There will be no material change to the mining method.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
The capital investment is estimated at between $25-million and $35-million and will primarily be spent on ventilation upgrades, underground development, additional fleet items (two trucks, one development drill rig and a loader) and potential increases to the paste-fill plant capacity.

Planned Start/End Date
Steady state production is expected in 2025.

Latest Developments
The next step is to deliver a fully engineered mining schedule by mid-2023.

Key Contracts, Suppliers and Consultants
Entech (independent option study).

Contact Details for Project Information
Centamin, tel +44 1534 828700 or email info@centaminplc.com.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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