Centamin resumes operations at its Sukari mine
Egypt-focussed gold mining and exporting company Centamin has published an operational update stating that operations have resumed at its Sukari gold mine.
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
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
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
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
-
Regulator moves to protect access to cash amid branch closures and disappearing ATMs
News The Financial Conduct Authority has told banks to start assessing if local communities have adequate cash access from mid-September
By Marc Shoffman Published
-
VAT hike on private school fees could come earlier than previously expected
The government could start charging VAT on private school fees as soon as January 2025, according to the latest reports. What does it mean for parents?
By Katie Williams Published