Photo by: Centamin
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.