PRECIOUS METALS

Centamin's autumn of misery continues

Shares in Egypt-focused gold producer Centamin fell nearly 20% on Wednesday morning as issues stemming from the pit-wall instability that have plagued the company in recent weeks forced the company to lower guidance for 2021.

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

The UK-listed miner said it had reworked its mining plan in light of issues at the West Wall and had already started an increased waste stripping programme to boost operational optionality, but that gold...

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