Centamin output up despite Sukari strike, earnings fall

TSX- and LSE-listed Centamin on Wednesday reported a 9% year-on-year increase in first-quarter gold production to 49 071 oz, despite industrial action at its Sukari mine, in Egypt. Revenue was down by 1.23% to $88-million, and earnings also slid...

Centamin production up but slightly below forecast

LSE- and TSX-listed Centamin on Thursday reported a 9% year-on-year increase in gold production to 49 071 oz at its Sukari mine, in Egypt, saying preliminary results pointed to production being only marginally below expectations, despite...

Beach delivers first oil at North Shadwan

Oil and gas company Beach Energy has produced its first oil at its North Shadwan concession, in Egypt. The oil from the North Shadwan oil field would be treated at the Ras Ghara plant, before being piped to the main Petreco oil centre and marine...

Sukari operations resume, stoppage to impact Q1 output

Operations have resumed at the Sukari gold mine in Egypt, where labour unrest brought the mine to a standstill last week, Centamin reported on Monday. The illegal strike and work stoppage, which started as a result of a disagreement over salary...

Illegal labour unrest halts Centamin’s Sukari

Egyptian miner Centamin on Tuesday temporarily halted operations at its Sukari gold mine, in Egypt, following illegal labour unrest. The TSX- and LSE-listed miner pointed to a breakdown during ongoing discussions – about general salary...

Gippslands to start tin production in March

Mineral resource developer Gippsland has started mining at its Abu Dabbab alluvial tin project, in Egypt, and expected to start ore treatment during March. The project was forecast to deliver its first cash flow in April this year, generating...

Africa

Tenders for work in the rest of Africa excluding South Africa

SA improves in global mining ranking – survey

South Africa ranked 54th out of 93 global mining jurisdictions in this year’s Survey of Mining Companies, compiled by Canada’s Fraser Institute. This compared with South Africa’s 67th place out of 79 jurisdictions last year. South...

AFRICA

Tenders for work in the rest of Africa excluding South Africa

SA to be hub in ABB’s assault on Africa’s ‘enormous’ power, resources potential

Despite challenging market conditions in South Africa, global power and automation technologies group ABB has selected the country as one of two hubs from which it will pursue an even more aggressive assault on the African market, which has been...

Africa

Tenders for work in the rest of Africa excluding South Africa

Company Announcement: Agility and Partnership are Key Drivers for Mining Suppliers in Africa

Johannesburg – South Africa – February 2012 - With an estimated explosive sales’ potential for Africa’s greenfields pegged at 500 million US dollars over the next 5 years, mining services companies need to step up and provide quality...