Egypt’s Sukari: 335 Kg Gold Ore Sent To Canada

Centamin Egypt – which has the franchise of extracting gold from Sukari Gold Mine,  said 335 kg of gold ore worth EGP 40 million were sent in the presence of representatives for the Egyptian Mineral Resources Authority (EMRA) and for the Scales and Stamps Authority and for the insurance firm which is in charge of securing moving the gold ores to Cairo customs before exporting to Canada.

An official source from Sukari Gold Mine told Amwal Al Ghad that the mine is back to work after a 15-day hiatus to carry out periodic maintenance work on the equipments and machineries responsible for gold extraction.

The U.S. dollar returns worth EGP 83.7 million from selling the gold shall be transferred to Centamin Egypt’s account in the Central Bank of Egypt (CBE), the source added.

After transferring the U.S. dollar returns, the taxes and the government’s share from the profits would be set and deducted from the deposit.