{"id":634319,"date":"2018-01-11T04:01:00","date_gmt":"2018-01-11T04:01:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/centamin-produced-544-7k-oz-of-gold-from-sukari-in-2017-expects-580k-oz-in-2018\/"},"modified":"2018-01-11T04:01:00","modified_gmt":"2018-01-11T04:01:00","slug":"centamin-produced-544-7k-oz-of-gold-from-sukari-in-2017-expects-580k-oz-in-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/11\/centamin-produced-544-7k-oz-of-gold-from-sukari-in-2017-expects-580k-oz-in-2018\/","title":{"rendered":"Centamin produced 544.7k oz of gold from Sukari in 2017, expects 580k oz in 2018"},"content":{"rendered":"

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<\/a>. The company expects 580k ounces of gold to be produced from Sukari in 2018, with the mine plan forecasting a relatively balanced quarterly production profile over the year. \u201cWe look forward to delivering solid growth in 2018 with gold production guidance of 580k ounce at a cash cost of USD 555\/oz and an all-in sustaining cost of USD 770\/oz resulting in significant free cash flow for our shareholders,\u201d CEO Andrew Pardey commented.<\/p>\n","protected":false},"excerpt":{"rendered":"

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 production profile over the year. […]<\/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-634319","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"bb49a98e-36b2-47ee-a74c-7e80a32cafe2","order":"0","is_powered_by":true,"section_story_id":"8431a069-2641-4193-bd20-541765e8f0e7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634286],"teaser":"","voice_url":""},"yoast_head":"\nCentamin produced 544.7k oz of gold from Sukari in 2017, expects 580k oz 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\/11\/centamin-produced-544-7k-oz-of-gold-from-sukari-in-2017-expects-580k-oz-in-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Centamin produced 544.7k oz of gold from Sukari in 2017, expects 580k oz in 2018\" \/>\n<meta property=\"og:description\" content=\"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 production profile over the year. 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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":626745,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/10\/centamins-production-from-sukari-gold-mine-drops-7-y-o-y-in-1h2018\/","url_meta":{"origin":634319,"position":1},"title":"Centamin\u2019s production from Sukari gold mine drops 7% y-o-y in 1H2018","author":"enterpriseam admin","date":"10 July 2018","format":false,"excerpt":"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\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":599805,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/10\/centamin-produced-472-4k-oz-of-gold-from-sukari-in-2018\/","url_meta":{"origin":634319,"position":2},"title":"Centamin produced 472.4k oz of gold from Sukari in 2018","author":"enterpriseam admin","date":"10 January 2019","format":false,"excerpt":"Centamin announced that its 2018 full-year production from the Sukari gold mine was 472.4k ounces, marking a 13% y-o-y decrease, according to a company statement. 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":597265,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/21\/centamin-raises-sukari-gold-mine-output-to-234k-ounces-in-1h2019\/","url_meta":{"origin":634319,"position":3},"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":622614,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/08\/centamin-cuts-output-targets-shares-drop-12\/","url_meta":{"origin":634319,"position":4},"title":"Centamin cuts output targets, shares drop 12%","author":"enterpriseam admin","date":"8 October 2018","format":false,"excerpt":"Gold miner Centamin has cut its 2018 output target from its Sukari mine in Egypt to 480k ounces from a previous forecast of 505k-515k ounces due to operational improvements at its taking \u201clonger than planned to materialise,\u201d according to a company release. Centamin had previously cut its output target in\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":629276,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/27\/centamin-cuts-output-targets-on-lower-grade-gold-shares-drop-18\/","url_meta":{"origin":634319,"position":5},"title":"Centamin cuts output targets on lower grade gold, shares drop 18%","author":"enterpriseam admin","date":"27 May 2018","format":false,"excerpt":"Gold miner Centamin has cut its 2018 output to 505k-515k ounces from a previous forecast of 580k ounces due to lower grade gold at its Sukari mine in Egypt, according to a company release. 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