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Sukari gold output misses estimates

Egypt-focused gold miner Centamin reported lower gold production in the first quarter. Although a drop in output was expected due to its planned transition to owner mining underground, output missed analyst expectations.

Sukari gold output misses estimates Sukari gold output misses estimates Sukari gold output misses estimates Sukari gold output misses estimates Sukari gold output misses estimates

Gold production at the Sukari mine was down 11% year on year in the first quarter, at 93,109 ounces. Revenue was down 8% to US$174.

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