Centamin has announced that the Sukari Gold Mine in Egypt is switching from contractor-mining to owner-operator with immediate effect.. Centamin believes the transition will deliver "significant cost savings" – generating long-term cost savings of an average US$19mn per year from 2023 onwards compared to the 2021 cost base – and improve …

Centamin's principal asset, the Sukari Gold Mine, is a long-life, bulk tonnage open pit, and underground operation. It began production in 2009 and is the first large-scale modern gold mine in Egypt, as well as one of the world's largest producing mines, forecast to produce in excess of 400,000 ounces per annum with mineral resources of 10.3 million ounces of gold.

Exchange. The Company's flagship asset is the Sukari Gold Mine ("Sukari"), Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009 Sukari has produced 5.7 million ounces of gold, and today has a projected mine life to 2034.

Sukari, Egypt's sole gold-exporting mine and the first large-scale modern gold operation in the North African nation, contributes up to $900 million a year to the country's gross domestic product.

Sukari is Egypt's first large-scale modern mine and includes a low grade, bulk tonnage open pit (Sukari OP) and a high-grade underground (Sukari UG) operation, using Carbon in Leach (CIL) processing. The Cetamin is exploring the possibility of installing a gravity gold circuit at its processing plant. Related Assets: Sukari OP Mine, Sukari UG ...

The new Sukari gold mine of Centamin plc (24° 57′ N 34° 43′ E) has produced more …

Sukari, with a projected mine life to 2035, holds 194 million proven and probable tonnes grading 1.23 grams per tonne for 7.7 million oz. of contained gold, the company said last month. The mine ...

The new Sukari gold mine of Centamin plc (24° 57′ N 34° 43′ E) has produced more than three million ounces of gold over the past ten years to June 2019. The mine is an example of what will ...

Sukari Gold Project, Egypt . Effective Date: 30 June 2015 . Prepared for: Centamin plc . Prepared by: Issued: 23 October 2015 . Declan Franzmann Consulting Mining Engineer . FAusIMM CP(Min) Patrick Smith . Consulting Mining Engineer . MAusIMM CP(Min) Nicolas Johnson Consulting Geologist . MAIG : Mark Zammit .

Back in 2020, Capital entered a conditional open-pit waste mining services contract with Sukari Gold Mines and expanded and extended its existing drilling contract with Sukari, effective January 1, 2021. Collectively, these contracts were anticipated to deliver incremental revenues of $235-260 million over a four-year period, representing the ...

The Sukari gold mine (18.8Mt @ 2.14g/t Au) is located 15km west of the Red Sea coast in the southern central Eastern Desert of Egypt. The vein-type deposit is hosted in Late Neoproterozoic granite ...

Figure 6 Quartz ridge areaat Sukari gold mine. Figure 7 Strongly sheared talc carbonate graphite schist. Figure 8 primitive Sukari Mine companys work for exploring kurdoman area. N-S, NW-SE, NNW-SSE, and E-W fault trends are running through the granitoid porphyry rocks leaving strong evidence. In addition, joint sets with various

1 . 12 October 2023 . Centamin plc ("Centamin" or "the Company") LSE: CEY / TSX: CEE . SUKARI NEW LIFE OF MINE PLAN DELIVERS IMPROVED MARGINS . MARTIN HORGAN, CEO, COMMENTED: "Today's new life of mine planfirmly reestablishes Sukari as a global tier one gold asset, with long-term production above 500,000ounce per …

For immediate release 2 August 2012 Centamin plc ("Centamin" or "the Company") (LSE:CEY, TSX:CEE) Sukari Gold Mine Resumption of Operations Centamin announces that operations have resumed at its ...

Centamin is buying the current underground mining fleet from the incumbent contractor. …

Sukari Gold Mine. 03. Corporate Responsibility . 04. Shareholder Returns. Scroll down. …

Sukari life-of-mine plan, Egypt – update. 16th February 2024 By: Sheila Barradas - Creamer Media Research Coordinator & Senior Deputy Editor

The Sukari gold mine commenced production in 2009. It is estimated to produce nearly 5.2Moz in addition to the 5.5Moz produced since its first production. Last year, based on an independent option study, Centamin confirmed that the expansion of underground operations at the Sukari gold mine had the potential to increase its ore mining rates by …

Centamin's principal asset, the Sukari Gold Mine, is a long-life, bulk tonnage open pit …

juwi AG will design, supply, and integrate a 36 MW solar farm and 7.5 MW battery energy storage system into the current diesel power plant at Centamin's Sukari Gold Mine in Egypt. juwi AG, a renewable energy specialist, has built more than 2,500 MW of wind projects and 3,100 megawatts of solar PV in over 25

Egypt-focused Centamin (LSE: CEY) (TSX: CEE) has published a new, more ambitious mine plan for the Sukari gold mine.. According to the company, the new mine plan will push production to an average 506,000 oz per year at all-in sustaining costs below US$1,000 per ounce, for the next nine years and contribute to a 5% increase in total …

In December last year, Centamin announced a second year of reserve growth at Sukari, …

Centamin's new plan would allow Sukari to produce between 450,000-500,000 ounces …

Centamin, the leading global gold mining company operating the Sukari Gold Mine in Egypt, has announced a new plan that will extend the mine's productive life until 2034 and re-establish it as ...

SUKARI NEW LIFE OF MINE PLAN DELIVERS IMPROVED MARGINSPERTH, AUSTRALIA / ACCESSWIRE / October 12, 2023 / Centamin plc ("Centamin" or "the Company") (LSE:CEY)(TSX:CEE)MARTIN HORGAN, CEO, COMMENTED ...

The gold producer also has interests in Burkina Faso and the Ivory Coast, but operating the Sukari mine is its core activity. It said the new plan delivers long-term increased gold production ...

The solar plant, which is made up of a 36 MW solar farm and 7.5 MW battery–energy storage system, has been consistently delivering 36 MW DC, converting to 30 MW AC of power, since early ...

Centamin has announced the potential to expand the underground operation at its …

Mineral Reserve Estimate. As at 30 June 2023, the Sukari Mineral Reserves were 5.8Moz of contained gold, reflecting a 4% decrease YoY driven by 0.52Moz of mining depletion partially offset by 0 ...

Sukari Gold Mine only. Included in the Mineral Resources, the Mineral Reserves as of 30 June 2023 were 5.8Moz of gold. The gold price assumption used for estimating Mineral Reserves is unchanged at US$1,450/oz. Based on the planned throughput and mining rates, the remaining Sukari Mineral Reserve life is 13 years for the open pit operation, …

Centamin is pleased to announce the potential to expand the Sukari Gold Mine ('Sukari') underground mine to 1.5 million tonnes per annum ('Mtpa') of total ore mined, as supported by the ...

PERTH, AUSTRALIA/ ACCESSWIRE/ October 12, 2023/ Centamin plc. Sukari Gold Mine- Tier 1 Asset 1. Despite being lower than the internal forecast, the build-up of high grade material on the ROM pad ...

The Sukari gold mine (18.8 Mt @ 2.14 g/t Au) is located 15 km west of the Red Sea coast in the southern central Eastern Desert of Egypt. The vein-type deposit is hosted in Late Neoproterozoic granite that intruded island-arc and ophiolite rock assemblages. The vein-forming process is related to overall late Pan-African shear and extension tectonics. At …

The Sukari mine or Alsukari mine (Arabic: السكري Al-Sukkari, Egyptian pronunciation: El-Sokkari) is a gold mine located in the Nubian Desert/Eastern Desert near the Red Sea in Egypt, in the south-east of the country in the Red Sea Governorate, 30 km south of Marsa Alam. It is exploited jointly by the Egyptian Ministry of Mineral Resources and Centamin. …

Martin Horgan, CEO, said: "Today's new life of mine plan firmly reestablishes Sukari as a global tier one gold asset, with long-term production above 500,000 oz per annum at all-in sustaining costs below $1,000/oz, underscoring our dedication to maximising free cash flow generation. This plan is not only a substantial improvement on what ...

Centamin has also expanded and extended Capital Drilling's existing drilling contract at the Sukari gold mine from its present end date of 30 September 2023 to 31 December 2024. It has expanded the contract to add nine more blast-hole rigs from Capital Drilling, enabling the latter to have a total of 24 rigs operating at the mine. ...

The Sukari project, which is owned by Centamin Egypt Ltd, is located in southern Egypt, 770 km south of Cairo but close to the Red Sea. The project is the first new gold development in Egypt and was commissioned in the middle of 2009. In 2007, Centamin purchased the CIL plant from the Kori Kollo mine in Bolivia. This plant was originally …

The new Sukari LOM Plan has been developed by Centamin's in-house technical team, supported by expert consultants, with a focus on sustaining a 500,000 ounces per year production rate at an optimised cost base, to maximise free cash flow generation over the LOM.. Basis of preparation. Restructuring the approach to geology at Sukari with the …

In an update on Tuesday, the company reported that the Sukari proven and probable …

The Company's flagship asset is the Sukari Gold Mine ("Sukari"), Egypt's largest and first modern gold mine, as well as one of the world's largest producing mines. Since production began in 2009 ...