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Centamin hits reset at Sukari

Centamin CEO Martin Horgan has effectively hit the reset button at its faltering Sukari mine in Egypt with a three-year plan designed to cut costs and boost efficiencies, leaving headline ounces on the back burner.

Centamin hits reset at Sukari Centamin hits reset at Sukari Centamin hits reset at Sukari Centamin hits reset at Sukari Centamin hits reset at Sukari

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

The London and Toronto-listed miner lowered guidance for 2020 in October after stability issues at Sukari west wall forced Centamin to stop mining in the high-grade zone.