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Centamin sees production plummet in December quarter

Egypt-focused Centamin saw production fall sharply in the December quarter after previously flagged pit wall stability issues forced the company to defer ounces from a high-grade area of its flagship Sukari mine.

Centamin sees production plummet in December quarter Centamin sees production plummet in December quarter Centamin sees production plummet in December quarter Centamin sees production plummet in December quarter Centamin sees production plummet in December quarter

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

Final quarter production fell 47% versus Q3 and 54% versus Q4 2019 to 67,996 ounces.

Though a hefty drop, the result was in line with company's guidance range,