Centamin grows Sukari gold reserves for third straight year
Mining News Pro - Egypt-focused Centamin has managed to grow its mineral resource and reserve base at its Sukari gold mine for the third year in a row.
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Visit: 89
Centamin unveils new mine plan for Sukari targeting over 500,000 oz. gold per year
Mining News Pro - Egypt-focused Centamin has published a new, more ambitious plan for the Sukari gold mine.
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Visit: 164
Centamin to up Sukari mining rate by 31% with underground expansion
Based on a report by Australian consultants Entech, Sukari’s capacity has the potential to reach 1.5 million tonnes per annum (Mtpa) of total ore mined. This represents a 31% increase from the current life of mine average of 1.1Mtpa.
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Visit: 329
Centamin shares jump on potential Sukari gold mine extensions
Mining News Pro - Centamin said on Thursday that exploration around its flagship Sukari gold mine in Egypt has allowed it to identify the potential for a satellite open pit within the concession as well as extensions of the underground orebody.
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Visit: 792
Centamin takes charge of Sukari underground gold mine
Mining News Pro - Egypt-focused gold miner Centamin is shifting underground operations at its flagship Sukari mine from a contractor to an owner-operated model, effective immediately.
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Visit: 428
Centamin 2020 profit soars on strong gold prices
Mining News Pro - West Africa-focused gold miner Centamin posted on Monday record revenue in 2020 as the coronavirus pandemic pushed precious gold prices to record highs.
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Visit: 595
Centamin unveils three-year plan for Sukari gold mine
Mining News Pro - West Africa-focused gold miner Centamin outlined on Wednesday a three-year plan designed to cut costs and boost efficiencies at its Sukari mine, which has been affected over the past two years by operational issues and under-investment.
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Visit: 583
Capital secures `transformational` contract mining contract at Centamin`s Sukari
Mining News Pro - A subsidiary of minerals drilling solutions provider Capital Limited has entered into a conditional 120-million-tonne openpit waste mining services contract and an expanded drilling contract at LSE-listed Centamin’s Sukari gold mine in Egypt, as part of Centamin’s operational reset.
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Visit: 688
Centamin shares dive on production cut
Mining News Pro - Centamin shares fell over 20% Wednesday morning after the company announced its production would be lower than forecasted next year.
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Visit: 912
Centamin halts mining at Sukari high-grade area
Mining News Pro - Gold miner Centamin has deferred mining operations in the Sukari openpit Stage 4 west wall after detecting movement in the localised area of waste material.
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Visit: 642
Centamin earnings soar on higher gold prices
Mining News Pro - Egypt-focused gold miner Centamin posted on Tuesday a jaw-dropping 280% rise in net profit for the first half of 2020 compared to the same period last year, on the back of higher output from its flagship Sukari mine, falling costs and soaring metal prices.
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Visit: 759
Centamin reviews expansion options as results exceed forecast
Mining News Pro - Egypt-focused gold miner Centamin said on Monday it is looking at expansion opportunities as soaring bullion prices and the country’s decision to open up its riches to foreign capital unlocks opportunities.
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Visit: 636
Centamin reviewing expansion options as results exceed forecast
Mining News Pro - Egypt-focused gold miner Centamin said on Monday it was looking at expansion opportunities as soaring bullion prices and the country’s decision to open up its riches to foreign capitals unlock opportunities.
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Visit: 612
Centamin appoints Hennie Faul as non-executive director
Mining News Pro - Centamin is pleased to announce the appointment of Hendrik “Hennie” Faul to the Board as an independent non-executive director, effective 1 July 2020.
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Visit: 687
Centamin appoints new CEO
Mining News Pro - Centamin has appointed Martin Horgan CEO, effective April 6.
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Visit: 773
Centamin operations in Egypt unchanged
Mining News Pro - Egypt-focused gold miner Centamin said on Wednesday that operations at its Sukari gold mine remained unaffected by covid-19, adding it had stockpiled enough critical supplies to last until the end of June.
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Visit: 656
Endeavour Mining drops bid for Centamin
Mining News Pro - Canada’s Endeavour Mining has walked away from a potential 1.47 billion pound ($1.9 billion) acquisition of Centamin, citing lack of information on the company’s assets.
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Visit: 781
Centamin gold output up 51% as deadline for Endeavour takeover looms
Mining News Pro - Egypt-focused gold miner Centamin saw production increase 51% in the last three months of 2019, putting pressure on rival Endeavour Mining to improve its bid for the company, which is expected by Jan. 14.
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Visit: 687
Endeavour Mining gets extension from Centamin to improve offer
Mining News Pro - Centamin Plc on Monday won approval to give its Canadian suitor Endeavour Mining more time to make a firm takeover offer, as shareholder pressure mounted on the London-listed gold miner to engage in talks.
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Visit: 777
Takeover talks between gold miners Endeavour and Centamin hit a snag
Mining News Pro - Egypt-focused gold miner Centamin has accused Canada’s Endeavour Mining of making it difficult for the company to assess the value of a potential business combination unless it agrees to extending a firm offer deadline.
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Visit: 740
Endeavour, Centamin to explore potential merger
Mining News Pro - Canada’s Endeavour Mining and Egypt-focused miner Centamin have agreed to assess the merits of a merger that would create a strong mid-tier gold company with a market value of almost $4 billion and annual output of more than 1.2 million ounces.
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Visit: 901
Centamin rebuffs $1.9 billion takeover bid from Endeavour Mining
Mining News Pro - Egypt-focused gold miner Centamin has rejected the $1.9 billion (£1.5 billion) all-stock takeover bid from Canada’s Endeavour Mining (TSX:EDV) released earlier on Tuesday, saying it did not offer enough value to the company’s shareholders.
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Visit: 724
Centamin’s CEO to leave after challenging year for the company
Mining News Pro - Shares in Egypt-focused gold miner Centamin (LON:CEY) fell on Thursday more than 15% to 105.65 in London after it announced that its chief executive, Andrew Pardey, would leave the company following a year of operational challenges.
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Visit: 627