Mining Indaba Schedule

Investors punish Centamin after it lowers 2011 production guidance

Shares in Centamin Egypt tumbled over 20% to their lowest level since October 2009 on Tuesday, after the company said access to explosives for its Sukari mine in the North African country shaved off about 10 000 oz of gold production during the...

Centamin says full-year output likely at lower end of guidance

TSX- and LSE-listed Centamin Egypt has maintained its full-year production forecast of between 250 000 and 290 000 oz of gold in 2010, but warned on Thursday that the final number will likely be toward the lower end of the range. The company's...

Centamin jumps on Mubarak news

Shares in Centamin Egypt, which owns the Sukari gold mine in the North African nation, jumped 10% on Friday afternoon after news that Egyptian President Hosni Mubarak would resign and hand over power to the country's military.

Mining in Africa Projects 2010

A sample of mining projects taking place across the African continent.

Egyptian gold project marks North African expansion for explosives manufacturer

Blasting solutions and explosives manufacturer AEL Mining Services has successfully installed its emulsion plant at the Sukari gold project, in Egypt, and has begun blasting operations at the mine.

Centamin Egypt raises C$29,6m in share placement

Egyptian gold producer Centamin Egypt has raised C$29,6-million through an ordinary share placement. The company stated that it had placed 19-million shares at C$1,56 an ordinary share, with three North American resource-focused funds.

Daily podcast – February 11, 2009

In today's podcast: US Global Investors portfolio manager Ralph Aidis says a rise of the gold price to $2 300/oz ‘wouldn't be surprising'; and the Sukari project, in Egypt, will begin gold production this year.

Egypt's Sukari gold mine to begin producing 200 000 oz/y

The $265-million Sukari project in Egypt would begin gold production this year at an initial rate of 200 000 oz a year, Centamin Egypt CEO Josef El-Raghy said on Wednesday. El-Raghy told the Mining Indaba in Cape Town that the project of the...

Gold intersected at historic Egyptian prospect

Centamin Egypt, which is developing the first large-scale modern gold mine in Egypt, said that it had intersected ore grade zones during reconnaissance reverse-circulation drilling of historical workings at the Kurdeman prospect in Egypt’s...

Centamin intersects high-grade gold zone at Egyptian project

Gold explorer Centamin Egypt, which is developing the first large scale modern gold mine in Egypt, said on Thursday that it had intersected a further high-grade zone of gold during its drilling programme at the Sukari project in the Eastern Desert...

Sukari gold project, Egypt

Centamin Egypt's board of directors has approved the development of the Sukari gold project in Egypt following the completion of a definitive feasibility study (DFS).