Egypt-focussed gold mining and exporting company Centamin has published an operational update stating that operations have resumed at its Sukari gold mine.
The news comes days after operations at the Sukari mine were put on hold following a suspension of fuel supply. Centamin stated that fuel supply to the mine had resumed following Monday's announcement on the commencement of gold exports.
A statement from Capital Drilling, an emerging and developing markets drilling company, said: "Capital Drilling will now ramp up production over the coming weeks at the Sukari mine."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Centamin's share price was up 5.04% to 43.55p at 13:21 on Thursday afternoon.
Capital Drilling's share price was up 15.38% to 26.25p at 13:21 on Thursday afternoon.
MF
-
How to invest in nuclear powerWe need nuclear power to go green, says Dominic Frisby. But there is a better option than huge power stations
-
Chase slashes its easy-access savings rate – is it time to switch?The Chase easy-access savings account has proved popular with savers thanks to its competitive rate and bonus deals. But, as the rate has dropped, has it lost its charm?
