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Investors bail as Centamin drops guidance

Centamin is facing more grade trouble at its prosperous Sukari gold mine in Egypt, causing a major selloff in London.

Staff reporter
The openpit transition programme is not delivering the expected grades

The openpit transition programme is not delivering the expected grades

The miner has cut its 2018 production guidance to 505,000-515,000 ounces of gold, a 12% drop from the previous forecast's midpoint, and upped the expected all-in sustaining cost per ounce for the year...

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