Centamin plc Sukari Gold Mine Resumption of Operations
12.03.2012 | Marketwire
TORONTO, ONTARIO -- (Marketwire - March 12, 2012) - Centamin plc ("Centamin" or "the Company") (TSX: CEE) (LSE: CEY) announces that normal operations have resumed at its Sukari Gold Mine.The illegal unrest and work stoppage commenced as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari work force. With the co-operation of the Egyptian Mineral Resources Authority, Ministry of Petroleum and Industry Committee of Parliament, all outstanding issues have been effectively resolved and work has recommenced.
Whilst Q1 production and cash costs will be affected by this stoppage, Centamin's full year production and cash cost guidance remains unchanged.
ABN 86 007 700 352
Contact Information
Centamin plc
Josef El-Raghy
Chairman
+44 (0) 20 7569 1670
Centamin plc
Katharine Sutton
Head of Investor Relations
+44 (0) 20 7569 1670
katharine.sutton@centamin.co.uk
Buchanan
Bobby Morse
+44 (0) 20 7466 5000
Buchanan
Gabriella Clinkard
+44 (0) 20 7466 5000