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Centamin sails smoothly through March quarter

Egypt-focused gold miner Centamin has so far steered clear of any COVID-19-related mine disruption, posting strong production figures for the March quarter. However, ongoing border closures may prove an issue given supplies at Sukari – the company’s flagship mine – are set to run out at the end of June.

Tom Hoskyns
Centamin's flagship asset: the Sukari gold mine in Egypt's Eastern Desert

Centamin's flagship asset: the Sukari gold mine in Egypt's Eastern Desert

Higher grades from the openpit helped offset a weaker than expected underground performance, allowing Centamin to exceed analyst expectations in terms of output, with Q1 production 6% above consensus at...

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