Centamin plc
TSX : CEE
LSE : CEY

Centamin plc

March 12, 2012 03:00 ET

Centamin plc Sukari Gold Mine Resumption of Operations

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