(MENAFNEditorial) PERTH, AUSTRALIA / ACCESSWIRE / October 9, 2017 / Centamin is pleased to announce preliminary production results for the quarter ended 30 September 2017 from its Sukari Gold Mine ("Sukari") in Egypt.
Record total gold production for the quarter of 156,533 ounces, a 26% increase on the previous quarter and 5% higher than Q3 2016, the previous record quarter for Sukari. The Company maintains its 2017 production guidance of 540,000 ounces.
Quarterly throughput rate of 2,996kt at the process plant, a 2% decrease on the previous quarter.
The open pit achieved record levels of both total material movement and ore production. Open pit total material movement (ore plus waste) increased by 6% on the previous quarter to 18,602kt. Open pit ore production increased by 58% to 4,825kt at an average mined grade of 0.76g/t. This included 1,229kt at 0.29g/t delivered to the dump leach pads. The average head grade to the plant from the open pit was 1.11g/t.
The run of mine ore stockpile balance increased by 899kt to 1,436kt at the end of the period.
The underground operation delivered 302kt of ore at an average mined grade of 7.98g/t. Ore from stoping was 189kt at 8.21 g/t and ore from development was 113kt at 7.57g/t.
Q3 2017
(preliminary)
Q2 2017
Q3 2016
Open Pit -Total Material Movement
(kt)
18,602
17,493
16,191
Open Pit - Ore Production (kt)
4,825
3,060
2,936
Underground Ore Production (kt)
302
293
255
Process Plant Throughput (kt)
2,996
3,056
2,806
Process Plant Productivity (tph)
1,430
1,499
1,437
Gold Produced (oz)
156,533
124,641
148,674
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For more information, please contact:
Centamin plc
Andrew Pardey,
CEO Jonathan Stephens, Chief Development Officer
() +44 (0) 1534 828700
Buchanan
Bobby Morse
Chris Judd
Patrick Hanrahan
+ 44 (0) 20 7466 5000
SOURCE: Centamin plc
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