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Centamin makes progress at Sukari but inflation bites

Africa-focused gold miner Centamin has lifted reserves at its Sukari mine in Egypt by 23%, but spiking costs took some of the sheen off, as the company works to win back the trust of investors.

William Clarke
Centamin's Sukari gold mine in Egypt

Centamin's Sukari gold mine in Egypt

In an updated life of mine plan released on Wednesday, Centamin announced a resource of 5.8Moz as of June 30 2021, compared to 5.0Moz at the end of 2020. Net of six months of depletion, this brings the...

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