Centamin PLC - Q1 Preliminary Production Results

PERTH, AUSTRALIA -- (Marketwired) -- 04/09/13 --

For immediate release                                      9 April 2013

                Centamin plc ("Centamin" or "the Company")
                          (LSE:CEY, TSX:CEE)

                 Q1 Preliminary Production Results

Centamin is pleased to announce preliminary production results from its
Sukari Gold Mine ("Sukari") in Egypt for the quarter ended 31 March
2013.

Total gold production for the quarter was a record 87,016 ounces, a 77%
increase on the corresponding quarter in 2012 and a 2% increase on Q4
2012. Formal guidance for the current year, provided on 14 March 2013,
is 320,000 ounces gold at a cash operating cost of US$700 per ounce.

Open pit total material movement of 10,550kt increased 56% and ore
production of 2,133kt was up 11% on Q4 2012. The underground mine
delivered 119kt, up 6% on Q4 2012. The run of mine ore stockpile
balance increased by 38kt to 759kt at the end of the period.

Quarterly throughput at the Sukari process plant was a record 1,402kt,
a 37% increase on the prior year period and a 12% increase on Q4 2012;
exceeding the nameplate annualised rate of 5 million tonnes. This
performance was driven by continued high levels of productivity coupled
with a reduced impact from stoppages compared with the previous
quarter.

                                         Q1 2013    Q4 2012     Q1 2012
                                      (estimate)

Total Material Movement - Open Pit(kt)    10,550      6,739       4,819

Open Pit Ore Production (kt)               2,133      1,916       1,003

Underground Ore Production (kt)              119        112          72

Process Plant Throughput (kt)              1,402      1,250       1,020

Process Plant Productivity (tph)             689        686         656

Gold Produced (oz)                        87,016     85,413      49,071


Josef El-Raghy, Chairman of Centamin, commented:"Following on from record
2012 financial results, the team at Sukari
have delivered a second successive quarter of record gold production,
with further improvements across all areas of the operation. This
marks a solid start to the year and output remains on target to achieve
the 2013 guidance of 320,000 ounces. With the plant running at
consistently high levels of productivity, the processing function is
well placed to deliver the next step change in throughput from the
Stage 4 expansion, which remains on course to complete commissioning by
the end of the year."

Notice of Results

Centamin will announce its Q1 Results on Wednesday 15 May 2013.
Theannouncement will be screened via the Regulatory News Service of the
London Stock Exchange and via Marketwire on the Toronto Stock Exchange
at 7am (UK time).

For more information please contact:

Centamin plc                                       Buchanan
Josef El-Raghy, Chairman                           Bobby Morse
Andy Davidson, Head of Business Development and    Cornelia Browne
Investor Relations                                 Gabriella Clinkard
(andy.davidson@centamin.co.uk)                     + 44 (0) 20 746 5000
+44 (0) 20 7569 1671




                    This information is provided by RNS
          The company news service from the London Stock Exchange

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