Centamin Egypt Limited

Centamin Egypt Limited

March 29, 2010 08:00 ET

Centamin Egypt Pours First Tonne of Gold Processes One Millionth Tonne of Ore

TORONTO, ONTARIO--(Marketwire March 29, 2010) - Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(LSE:CEY) is pleased to announce that on 28 March 2010, the Company reached and surpassed one tonne of gold poured at its Sukari Gold Mine in Egypt ("Sukari").

This followed the one millionth tonne of ore processed earlier in the month through the Sukari CIL circuit. The Sukari process plant continues to perform above its nameplate capacity of 4 million tonnes per annum and remains on track to produce 200,000 ounces in 2010.

Construction and cold commissioning of the Stage 2 sulphide circuit has been completed with no major issues encountered. As previously advised and scheduled, wet commissioning and processing of sulphide ore is to occur in April.

Josef El-Raghy, Chairman of Centamin Egypt, commented:

"The passing of these milestones within our first full quarter of production is testament to the extraordinary commitment and hard work of the entire Centamin team in Egypt as well as the continued strong support from the Egyptian Government in particular His Excellency Sameh Fahmy, Minister for Petroleum and Mineral Resources, who shares our vision of re-establishing Egypt as a major emerging gold province."

For Centamin Egypt Limited

Josef El-Raghy, Executive Chairman

29 March 2010

ABN 86 007 700 352

Contact Information

  • Centamin Egypt Limited
    Josef El-Raghy
    + 61 (8) 9316 2640
    Buchanan Communications Limited
    Bobby Morse
    + 44 (0) 207 7466 5000
    Buchanan Communications Limited
    Katharine Sutton
    + 44 (0) 207 7466 5000