Centamin Egypt: 549 Kg Gold Ore To Be Refined In Australia

Centamin Egypt, which has prerogative of extracting the gold from the Sukari Gold Mine, has sent 549 kilos of gold ore to Australia.

Samir El-Raghy, Centamin Egypt chairman, said those amounts of gold ore were sent to Australia so as to get refined and sold in the international markets as pursuant to the agreement no. 222/1994 signed between Centamin and the Egyptian Mineral Resources Authority (EMRA).

“The pouring process of Sukari Gold Mine in Marsa Alam is resumed after being halted for 5 days.”  El-Raghy added

Centamin plc (LSE: CEY, TSX: CEE) is a gold mining company focused on the Arabian-Nubian Shield. It is has offices in London, UK; Mount Pleasant, Western Australia; and Alexandria, Egypt. Its registered office is in Jersey. It is listed on the London Stock Exchange and the Toronto Stock Exchange and is a constituent of the FTSE 250 Index.

Centamin plc is the ultimate holding company. The Company, along with its subsidiaries, is engaged in the business of exploration for precious and base metals. The Company’s principal asset is the Sukari Gold Mine (Sukari), which is located in the Eastern Desert of Egypt, approximately 700 kilometers from Cairo and 25 kilometers from the Red Sea.

The Sukari Gold Mine is a gold mine in Egypt. During 2011, the Company acquired Sheba Exploration (UK) Plc and had interests in four exploration licenses in Ethiopia, where it conducted further exploration activities. Some of its wholly owned subsidiaries are Centamin Egypt Limited, Viking Resources Limited, North African Resources NL, Pharaoh Gold Mines NL, Egyptian Pharaoh Investments, Centamin UK Limited, Sheba Exploration (UK) plc and Sheba Exploration Limited.