Centamin’s production from Sukari gold mine rises 14% y-o-y in 1Q2018

Preliminary gold production from the Sukari gold mine rose 14% y-o-y in 1Q2018 to 124.3 ounces, Centamin announced yesterday (pdf). Despite production during quarter coming in “lower than planned due to the transitional zone of the open pit delivering lower than expected grades,” the company is maintaining its target of producing 580k ounces of gold from Sukari in 2018, CEO Andrew Pardey commented.