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
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
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Water companies blocked from using customer money to pay “undeserved” bonuses
The regulator has blocked three water companies from using billpayer money to pay £1.5 million in exec bonuses
By Katie Williams Published
-
Will the Bitcoin price hit $100,000?
With Bitcoin prices trading just below $100,000, we explore whether the cryptocurrency can hit the milestone.
By Dan McEvoy Published