SOURCE: Centamin plc

July 10, 2012 02:00 ET

Centamin PLC - Q2 Preliminary Production Results

PERTH, AUSTRALIA--(Marketwire - Jul 10, 2012) -

For immediate release                                      10 July 2012

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

                   Q2 Preliminary Production Results

Centamin is pleased to announce its preliminary production results from
its Sukari Gold Mine ("Sukari") in Egypt for the quarter ended 30 June

Total gold production for the quarter was a record 67,422 ounces, a 40%
increase on the corresponding quarter in 2011 and a 37% increase on Q1
2012. Record production was achieved as a result of a strong
performance on all key operating metrics. Quarterly throughput in the
Sukari process plant was 1,269kt, a 49% increase on the corresponding
quarter in 2011 and a 24% increase on Q1 2012, as the plant delivered a
record quarter and continued to operate at and above the 5 million
tonne per annum run rate.

The open pit delivered total material movement of over 6,579kt and
underground ore production for the quarter increased to 117kt, a 63%
increase on Q1 2012 and a 172% increase on Q2 2011. With higher
material movements from the open pit, the run of mine ore stockpile
balance increased by 278kt to 497kt by the end of the quarter.

                                       Q2 2012      Q1 2012    Q2 2011

Total Material Movement - Open Pit (kt)6,579          4,819      3,030
Underground Ore Production (kt)         117             72         43
Process Plant Throughput (kt)          1,269          1,020       850
Process Plant Productivity (tph)        652            656        472
Gold Produced (oz)                    67,422         49,071     47,991

Josef El-Raghy, Chairman of Centamin, commented: "Our team at Sukari
has delivered a record quarter on tonnes mined from the underground and
tonnes processed through the plant. Open pit tonnes mined increased
significantly from Q1 as staged development in line with the optimised
mine plan announced in May opened up additional mining faces. We have
delivered our strongest operating quarter to date and remain on track
to deliver our full year production guidance of 250,000 ounces."

Notice of Results

Centamin will announce its full Q2 Results at 7am (GMT) on Tuesday 14
August 2012 via the Regulatory News Service of the London Stock
Exchange and Marketwire on the Toronto Stock Exchange. A webcast and
conference call with the Centamin management team will be held at 9am
(GMT) on the day of the Q2 results announcement and a second call will
be held at 2pm (GMT) and 9am (EST/NY) for North American analysts and
investors Q&A. Details of the webcast and conference call numbers will
be announced at the time of the Q2 results.

For more information please contact:
Centamin plc                   Buchanan
Josef El-Raghy, Chairman       Bobby Morse / Cornelia Browne
                               /Gabriella Clinkard
+44 (0) 20 7569 1670           + 44 (0) 20 7466 5000

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


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