Centamin grows Sukari gold reserves for second straight year. gold mining miningnews egypt
Sukari is Egypt’s sole gold-exporting mine and the first large-scale modern gold operation in the North African nation.
Of the additional reserves, 400,000 oz. were added within the open pit at an average gold grade of 1.0 g/t. Another 400,000 oz. were added within the underground at an average gold grade of 3.9 g/t, representing an 11% improvement and further supporting Centamin’s plan to increase the underground mining rate to 1.5Mtpa.
“We have added nearly 2 million oz. of gross mineral reserves over the last two years, and we remain confident in delivering more growth both at Sukari and across the wider portfolio,” he added.
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