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Centamin unveils three-year plan for Sukari gold mine

Dec 2, 2020

Source: https://www.mining.com/centamin-unveils-three-year-plan-for-sukari-gold-mine/

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Sukari is Egypt’s sole gold-exporting mine and the first large-scale modern gold operation in the North African nation. (Image courtesy of Centamin.)

West Africa-focused gold miner Centamin (LON:CEY) (TSX:CEE) outlined on Wednesday a three-year plan designed to cut costs and boost efficiencies at its Sukari mine, which has been hit in the past two years by operational issues and under-investment.

The company said it would spend $595 million to increase waste stripping at Sukari, which is Egypt’s sole gold-exporting mine and the first large-scale modern gold operation in the North African nation.

Original Text (This is the original text for your reference.)

Sukari is Egypt’s sole gold-exporting mine and the first large-scale modern gold operation in the North African nation. (Image courtesy of Centamin.)

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