{"id":600007,"date":"2019-01-16T05:03:09","date_gmt":"2019-01-16T05:03:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/"},"modified":"2019-01-16T05:03:09","modified_gmt":"2019-01-16T05:03:09","slug":"centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/","title":{"rendered":"Centamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018"},"content":{"rendered":"

Centamin Egypt spent USD 100 mn developing the Sukari gold mine in 2018, company exec Shady Al Rajahi told Al Mal<\/a>, bringing the total spent on the mine since 2010 to USD 1.3 bn. This comes after Centamin announced<\/a> a 13% y-o-y decrease in production, citing operational difficulties in 1H2018.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/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":[2416,2569,72,373],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600007","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-centamin","tag-enterpriseam","tag-mining","wpautop","entry"],"acf":{"mongo_id":"debe67c2-a35a-4796-ae63-7d18327f97cb","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599979],"teaser":"","voice_url":""},"yoast_head":"\nCentamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018 - 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\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018\" \/>\n<meta property=\"og:description\" content=\"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.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-16T05:03:09+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\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Centamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018\",\"datePublished\":\"2019-01-16T05:03:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\"},\"wordCount\":57,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"Centamin\",\"EnterpriseAM\",\"mining\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/centamin-egypt-spent-usd-100-mn-in-new-investments-on-sukari-mine-in-2018\/\",\"name\":\"Centamin Egypt spent USD 100 mn in new investments on Sukari mine in 2018 - 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Government officials had previously said that Egypt\u2019s profit share from the Sukari gold mine in 2017\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":600007,"position":1},"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":597265,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/centamin-raises-sukari-gold-mine-output-to-234k-ounces-in-1h2019\/","url_meta":{"origin":600007,"position":2},"title":"Centamin raises Sukari gold mine output to 234k ounces in 1H2019","author":"enterpriseam admin","date":"21 July 2019","format":false,"excerpt":"Centamin\u2019s Sukari gold mine produced 117,913 ounces of gold in 2Q2019, bringing production in 1H2019 up to 234,096 ounces, the company said in its quarterly report (pdf) on Thursday. Centamin projects that it will hit its 2019 production target of 490,000 \u2013 520,000 ounces at a cash cost of USD\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":645426,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/19\/egypt-to-earn-usd-70-80-mn-from-sukari-gold-mine-in-2017\/","url_meta":{"origin":600007,"position":3},"title":"Egypt to earn USD 70-80 mn from Sukari gold mine in 2017","author":"enterpriseam admin","date":"19 July 2017","format":false,"excerpt":"Egypt\u2019s profit share from the Sukari gold mine in 2017 is expected to reach USD 70-80 mn after mine operator Centamin recovers its costs, an unnamed government official tells Al Mal. The company had said in February that it was expecting to pay Egypt USD 100 mn in 2017. Centamin\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":625421,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/05\/egypt-receives-usd-48-3-mn-from-sukari-gold-mine-in-1h2018\/","url_meta":{"origin":600007,"position":4},"title":"Egypt receives USD 48.3 mn from Sukari gold mine in 1H2018","author":"enterpriseam admin","date":"5 August 2018","format":false,"excerpt":"Egypt has received USD 48.3 mn in profit share and royalties from Centamin\u2019s Sukari gold mine in 1H2018. The Egyptian Mineral Resources Authority (EMRA) received USD 39.3 mn in profit share from the mine, with Centamin paying USD 9.0 mn in royalties to the state, Centamin said in its earnings\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":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":600007,"position":5},"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. 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