Centamin's production from Sukari exceed 440K ounces in 2022

Image for illustrative purpose. A worker at the Ashanti goldfields big mine in Obuasi, Ghana, prepares sheets of steel wool that contain gold in the final stage of processing before the gold is poured in this October 23, 2003 file photo. REUTERS/Luc Gnago/Files
Reuters Images/Luc Gnago/Files

The production of the mine during the fourth quarter (Q4) of 2022 reached 109,564 ounces, compared to 107,549 ounces in Q4 2021

Staff Writer, Arab Finance

January 20, 2023

PHOTO
Image for illustrative purpose. A worker at the Ashanti goldfields big mine in Obuasi, Ghana, prepares sheets of steel wool that contain gold in the final stage of processing before the gold is poured in this October 23, 2003 file photo. REUTERS/Luc Gnago/Files

ArabFinance: Production from Sukari gold mine, Egypt’s first large-scale modern mine, rose 6% year-on-year (YoY) in 2022, hitting 440,974 ounces, compared with just over 415,370 ounces, mine operator Centamin reported.

The production of the mine during the fourth quarter (Q4) of 2022 reached 109,564 ounces, compared to 107,549 ounces in Q4 2021.

Centamin was built on the exploration success of our Egyptian founders with the Sukari discovery in the 1990s.

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