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
-
Average earners now face £200,000 inheritance tax bill - how much will your estate owe?‘Double whammy’ of inheritance tax changes means even the estates of those earning the average UK wage could face bills, not just the very wealthy
-
Are the wealthy dodging more tax than previously thought?A new report suggests tax non-compliance among the wealthy could be worse than previously imagined. Is an overly complex system partly to blame?
