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Sukari life-of-mine plan, Egypt – update

Image of the Sukari openpit

Photo by Centamin

16th February 2024

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Sukari life-of-mine (LoM) plan.

Location
Egypt.

Project Owner/s
Gold miner Centamin.

Project Description
The new LoM plan for the Sukari gold mine incorporates four major workstreams, including the optimisation of the openpit, expansion of the underground mine,  processing facility optimisation, and full replacement of the use of diesel for stationary power generation.

Average gold production of 506 000 oz/y from 2024 to 2032; and 475 000 oz/y for the LoM (2024 to 2034), reflecting a 5% increase in LoM gold production, compared with the 2022 financial year.

Total LoM production is estimated at 5.23-million ounces.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

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

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

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

Edited by Creamer Media Reporter

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