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Mixed bag for Centamin

Another strong production result and outlook for London-listed Centamin at its Sukari gold mine in Egypt eclipsed the impact of the lower gold price on interim revenues and the possibility that deferred capital spending could put the full year dividend under pressure.

Gold production for the second quarter was flat at 108,000 ounces but with better grades expected to increase production in the second half, the company has maintained its upgraded full year guidance