Centamin Says Sukari Mine ‘Back to Normal’ After Protest
Investing News Network - February 22nd, 2011
Bloomberg reports that Centamin Egypt Ltd. (LON:CEY), a gold company operating in Egypt, said its Sukari mine is back to normal following a protest last week.
Bloomberg reports that Centamin Egypt Ltd. (LON:CEY), a gold company operating in Egypt, said its Sukari mine is back to normal following a protest last week.
The market news is quoted as saying:
“Sukari has been back to normal since Saturday morning, and mining and processing are continuing as normal,” Bobby Morse, a London-based company spokesman, said today by phone.
Workers at the Sukari site staged a sit-in last week to demand higher pay and a change of ownership, state news service MENA reported Feb. 18. The company’s shares fell the most in more than two years that day.