{"id":626745,"date":"2018-07-10T04:45:41","date_gmt":"2018-07-10T04:45:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/"},"modified":"2018-07-10T04:45:41","modified_gmt":"2018-07-10T04:45:41","slug":"centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/","title":{"rendered":"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018"},"content":{"rendered":"

Preliminary gold production from the Sukari gold mine dropped 7% y-o-y in 1H2018 to 217.1k ounces, Centamin announced yesterday (pdf)<\/a>. Production from the mine during 2Q2018 also dropped 25% y-o-y to 92.8k ounces, \u201creflecting the lower open pit grades as mining progresses through the transitional zone and below forecast underground grades.\u201d The lower-than-expected production levels resulted in the company revising its output target from Sukari in 2018 to 505-515k ounces, down from 580k ounces previously.<\/p>\n","protected":false},"excerpt":{"rendered":"

Preliminary gold production from the Sukari gold mine dropped 7% y-o-y in 1H2018 to 217.1k ounces, Centamin announced yesterday (pdf). Production from the mine during 2Q2018 also dropped 25% y-o-y to 92.8k ounces, \u201creflecting the lower open pit grades as mining progresses through the transitional zone and below forecast underground grades.\u201d The lower-than-expected production levels […]<\/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":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626745","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fbddaccb-7802-4594-877a-c239b71585ea","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018","related_issue":[626719],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.7a98944f-fa73-4242-bf63-f3ad8e57215b.mp3"},"yoast_head":"\nCentamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018 - 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\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018\" \/>\n<meta property=\"og:description\" content=\"Preliminary gold production from the Sukari gold mine dropped 7% y-o-y in 1H2018 to 217.1k ounces, Centamin announced yesterday (pdf). Production from the mine during 2Q2018 also dropped 25% y-o-y to 92.8k ounces, \u201creflecting the lower open pit grades as mining progresses through the transitional zone and below forecast underground grades.\u201d The lower-than-expected production levels […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-10T04:45:41+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\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018\",\"datePublished\":\"2018-07-10T04:45:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/\",\"name\":\"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018 - 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The company had initially held a target of 580k ounces in 2018 but adjusted the figure following operational challenges it faced during 1H2018, such as\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":630045,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/","url_meta":{"origin":626745,"position":1},"title":"Centamin\u2019s production from Sukari gold mine rises 14% y-o-y in 1Q2018","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"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 \u201clower than planned due to the transitional zone of the open pit delivering lower than expected grades,\u201d the company is maintaining its target of\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":626745,"position":2},"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":645090,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/11\/centamins-production-from-sukari-gold-mine-drops-11-in-2q2017\/","url_meta":{"origin":626745,"position":3},"title":"Centamin\u2019s production from Sukari gold mine drops 11% in 2Q2017","author":"enterpriseam admin","date":"11 July 2017","format":false,"excerpt":"Preliminary gold production from the Sukari gold mine dropped 11% year-on-year in 2Q2017 to 124.6k ounces, Centamin announced yesterday. Meanwhile, quarter-on-quarter production saw a 14% jump, while quarterly throughput increased 5% from the previous quarter. The company is \u201con course\u201d to reach its target of producing 540k ounces this year,\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":626745,"position":4},"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":595690,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/04\/egypt-receives-usd-48-2-from-sukari-gold-mine-in-2h2018\/","url_meta":{"origin":626745,"position":5},"title":"Egypt receives USD 48.2 from Sukari gold mine in 2H2018","author":"enterpriseam admin","date":"4 August 2019","format":false,"excerpt":"Egypt received USD 48.2 mn in profit share and royalties from Centamin\u2019s Sukari gold mine in 1H2019, the company said in its earnings release (pdf). The Egyptian Mineral Resources Authority (EMRA) received USD 39.4 mn in profit share (unchanged y-o-y), with Centamin paying USD 8.8 mn (down 2% y-o-y) 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626745","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=626745"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626745\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626719"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626745"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626745"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}