{"id":634161,"date":"2018-01-08T04:06:13","date_gmt":"2018-01-08T04:06:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/"},"modified":"2018-01-08T04:06:13","modified_gmt":"2018-01-08T04:06:13","slug":"centamin-expects-to-pay-emra-usd-137-mn-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/","title":{"rendered":"Centamin expects to pay EMRA USD 137 mn in 2018"},"content":{"rendered":"<p>Centamin plans on paying the Egyptian Mineral Resources Authority (EMRA) USD 137 mn in profits and royalties from the Sukari gold mine in 2018, <a href=\"http:\/\/www.youm7.com\/story\/2018\/1\/7\/%D8%B3%D9%86%D8%AA%D8%A7%D9%85%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-137-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%80-%D8%A7%D9%84%D8%AB%D8%B1%D9%88%D8%A9-%D8%A7%D9%84%D9%85%D8%B9%D8%AF%D9%86%D9%8A%D8%A9\/3589514\">General Manager Youssef El Raghy told Youm7<\/a>. He estimates that the shared profit will amount to USD 115 mn, with biannual royalties at USD 22 mn. The mine is expected to produce between 550k-560k ounces of gold in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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. The mine is expected to [&hellip;]<\/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-634161","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"75a44eed-f62c-4901-bfc9-fb49afcc2ac2","order":"0","is_powered_by":true,"section_story_id":"53c756a8-0423-436a-be50-1c79f5bd34bd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634130],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Centamin expects to pay EMRA USD 137 mn 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\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centamin expects to pay EMRA USD 137 mn in 2018\" \/>\n<meta property=\"og:description\" content=\"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. The mine is expected to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-08T04:06:13+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\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Centamin expects to pay EMRA USD 137 mn in 2018\",\"datePublished\":\"2018-01-08T04:06:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\"},\"wordCount\":67,\"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\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\",\"name\":\"Centamin expects to pay EMRA USD 137 mn in 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-08T04:06:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Centamin expects to pay EMRA USD 137 mn in 2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Centamin expects to pay EMRA USD 137 mn in 2018 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/centamin-expects-to-pay-emra-usd-137-mn-in-2018\/","og_locale":"en_US","og_type":"article","og_title":"Centamin expects to pay EMRA USD 137 mn in 2018","og_description":"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. 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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 &quot;Basic Materials + Commodities&quot;","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":645551,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/centamin-paid-emra-usd-11-mn-of-sukari-gold-mine-profits-in-june-egypt-gm\/","url_meta":{"origin":634161,"position":1},"title":"Centamin paid EMRA USD 11 mn of Sukari gold mine profits in June -Egypt GM","author":"enterpriseam admin","date":"24 July 2017","format":false,"excerpt":"Centamin paid the Egyptian Mineral Resources Authority (EMRA) USD 11 mn of what it owes it in profits from the Sukari gold mine in June, General Manager for Egypt Youssef El Raghy tells Youm7. Government officials had previously said that Egypt\u2019s profit share from the Sukari gold mine in 2017\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":634161,"position":2},"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 &quot;Basic Materials + Commodities&quot;","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":651040,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/centamin-expects-to-pay-egypt-around-usd-100-mn-in-2017\/","url_meta":{"origin":634161,"position":3},"title":"Centamin expects to pay Egypt around USD 100 mn in 2017","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"Centamin expects to pay Egypt around USD 100 mn in 2017 in its first full year of profit sharing with the government from the Sukari gold mine after recovering its costs, CEO Andrew Pardey told Reuters. 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This comes after Centamin announced a 13% y-o-y decrease in production, citing operational difficulties in 1H2018.","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","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":634161,"position":5},"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. 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