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Centamin's Sukari reserves drop 30%

A 30% drop in reserves at the Sukari mine in Egypt illustrates the challenges London-listed Centamin has faced over the past year.

Centamin's Sukari reserves drop 30% Centamin's Sukari reserves drop 30% Centamin's Sukari reserves drop 30% Centamin's Sukari reserves drop 30% Centamin's Sukari reserves drop 30%

Centamin is hoping for better days ahead for its Sukari gold mine in the Nubian Desert, Egypt

Centamin's reserves update released on Monday showed proven and probable reserves of 5 million ounces (131Mt at 1.1g/t) as of the end of December, down from 7Moz grading 1.1g/t at the end of 2019.