Centamin advances on positive Q1 gold production results

Shares in Egypt-focussed gold mining company Centamin rose on Tuesday morning after the FTSE 250-listed company unveiled its first quarter preliminary production results revealing record gold production levels at its Sukari mine.

Shares in Egypt-focussed gold mining company Centamin rose on Tuesday morning after the FTSE 250-listed company unveiled its first quarter preliminary production results revealing record gold production levels at its Sukari mine.

Total gold production for the quarter ended March 31st was 87,016 ounces, representing a 77% increase on the corresponding quarter in 2012 and a 2.0% increase on the fourth quarter in fiscal year 2012.

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