{"id":575140,"date":"2020-10-04T04:02:27","date_gmt":"2020-10-04T04:02:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/"},"modified":"2020-10-04T04:02:27","modified_gmt":"2020-10-04T04:02:27","slug":"centamin-gold-production-to-fall-42-on-sukkari-mine-delays","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/","title":{"rendered":"Centamin gold production to fall 42% on Sukkari mine delays"},"content":{"rendered":"

Australian gold miner Centamin expects production to drop 42% in the final quarter, after extraction plans slated for this year at Egypt\u2019s Sukkari mine were postponed for safety reasons, according to an operational update<\/a> released on Friday. The company expects to produce only 70k ounces of gold in 4Q2020 compared to 148.4k y-o-y, and down from 120k in 3Q2020. Centamin was among the bidders<\/a> in this year\u2019s six-month gold exploration tender<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Australian gold miner Centamin expects production to drop 42% in the final quarter, after extraction plans slated for this year at Egypt\u2019s Sukkari mine were postponed for safety reasons, according to an operational update released on Friday. The company expects to produce only 70k ounces of gold in 4Q2020 compared to 148.4k y-o-y, and down […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9309],"tags":[2416,2569,72,7093,373],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575140","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-centamin","tag-enterpriseam","tag-gold","tag-mining","wpautop","entry"],"acf":{"mongo_id":"a240076c-0a4c-4b11-b36f-762927d0fea5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575111],"teaser":"","voice_url":""},"yoast_head":"\nCentamin gold production to fall 42% on Sukkari mine delays - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centamin gold production to fall 42% on Sukkari mine delays\" \/>\n<meta property=\"og:description\" content=\"Australian gold miner Centamin expects production to drop 42% in the final quarter, after extraction plans slated for this year at Egypt\u2019s Sukkari mine were postponed for safety reasons, according to an operational update released on Friday. The company expects to produce only 70k ounces of gold in 4Q2020 compared to 148.4k y-o-y, and down […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-10-04T04:02:27+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Centamin gold production to fall 42% on Sukkari mine delays\",\"datePublished\":\"2020-10-04T04:02:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\"},\"wordCount\":81,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"Centamin\",\"EnterpriseAM\",\"gold\",\"mining\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/centamin-gold-production-to-fall-42-on-sukkari-mine-delays\/\",\"name\":\"Centamin gold production to fall 42% on Sukkari mine delays - 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Centamin is maintaining its target of producing 540K ounces this year.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634319,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/centamin-produced-544-7k-oz-of-gold-from-sukari-in-2017-expects-580k-oz-in-2018\/","url_meta":{"origin":575140,"position":1},"title":"Centamin produced 544.7k oz of gold from Sukari in 2017, expects 580k oz in 2018","author":"enterpriseam admin","date":"11 January 2018","format":false,"excerpt":"Centamin announced that its 2017 full year production from the Sukari gold mine was 544.7k ounces, higher than the guidance of 540k, according to a company statement. The company expects 580k ounces of gold to be produced from Sukari in 2018, with the mine plan forecasting a relatively balanced quarterly\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634161,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/","url_meta":{"origin":575140,"position":2},"title":"Centamin expects to pay EMRA USD 137 mn in 2018","author":"enterpriseam admin","date":"8 January 2018","format":false,"excerpt":"Centamin plans on paying the Egyptian Mineral Resources Authority (EMRA) USD 137 mn in profits and royalties from the Sukari gold mine in 2018, General Manager Youssef El Raghy told Youm7. He estimates that the shared profit will amount to USD 115 mn, with biannual royalties at USD 22 mn.\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638634,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/centamin-achieves-record-total-gold-production-from-sukari-in-3q2017\/","url_meta":{"origin":575140,"position":3},"title":"Centamin achieves record total gold production from Sukari in 3Q2017","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Centamin has announced yesterday record gold production levelsfrom the Sukari gold mine in 3Q2017. The company\u2019s output from Sukari went up by 26% q-o-q and 5% y-o-y to 156,533 ounces for the quarter. Centamin has maintained its production guidance of 540k ounces for 2017 and noted that the open pit\u2026","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600007,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/","url_meta":{"origin":575140,"position":4},"title":"Centamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"Centamin Egypt spent USD 100 mn developing the Sukari gold mine in 2018, company exec Shady Al Rajahi told Al Mal, bringing the total spent on the mine since 2010 to USD 1.3 bn. This comes after Centamin announced a 13% y-o-y decrease in production, citing operational difficulties in 1H2018.","rel":"","context":"In "Basic Materials + Commodities"","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":551778,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/20\/earnings-watch-centamin-reports-2q2022-results\/","url_meta":{"origin":575140,"position":5},"title":"Earnings watch: Centamin reports 2Q2022 results","author":"enterpriseam admin","date":"20 July 2022","format":false,"excerpt":"EARNINGS WATCH-Gold miner Centamin\u2019s revenues rose 17% y-o-y in 2Q2022 to USD 207.2 mn, with revenues brought up due to higher gold sales and a marginally higher realized gold price, according to its earnings statement (pdf).Centamin-operated Sukkari gold mine in Egypt saw a good quarter: Production at Sukkari for 2Q\u2026","rel":"","context":"In "GO WITH THE FLOW"","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=575140"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575140\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575111"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575140"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575140"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}