Centamin Reports Record Gold Production at Sukari for Q2

Centamin pl (LSE:CEY,TSX:CEE) announced Q2 production results from their Sukari gold mine.

As quoted in the press release:

Total gold production for the quarter was a record 93,624 ounces (year to date 180,640 ounces), a 39% increase on the corresponding quarter in 2012 and 8% higher than Q1 2013. Formal guidance for the current year was provided on 14 March 2013 and remains at 320,000 ounces gold at a cash operating cost of US$700 per ounce.

Centamin’s Chairman, Josef El-Raghy, said:

The second quarter saw continued improvements in mining and processing productivity at the Sukari operation which, combined with average grades in line with the mine plan, delivered a third successive quarter of record output. With commissioning activities likely to see reduced throughput in Q4 and the benefit of additional Stage 4 throughput to be seen in 2014 our full year guidance of 320,000 ounces remains unchanged.

To view the whole press release, click here.