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Centamin: Q2 Production From Sukari Gold Mine Rises

Centamin Plc (CELTF.PK,CEY.L,CEE.TO) reported that Sukari Gold Mine produced 117,913 ounces of gold in the second quarter, a 27% increase from last year. Gold sold of 112,764 ounces, was 5% below gold produced due to timing of the closing weekly gold shipment.

Centamin maintained 2019 gold production guidance in a range of 490,000 - 520,000 ounces, at cash costs of US$675-725 per ounce produced and an AISC of US$890-950 per ounce sold.

Total ore mined of 310 thousand tonnes, an 8% increase from the prior year.

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