The Centamin article translation / Thank you Siko14 Jan 2021 06:12
Centamin aims to produce 430,000 ounces of gold from the Sukari mine in 2021
Posted by Nermin Ibrahim in Masrawy 01-12-2021
Centamin, which is responsible for managing the Sukari mine for gold ore mining, expects the mine's gold production to decline this year by between 4.9% and 11.6%, compared to production in 2020.
Eng. Yousef Al-Rajhi, General Manager of Centamin Egypt and Managing Director of Al-Sukkari Gold Mines Company, revealed to Masrawy that the target production of raw gold from the Sukari mine during 2021 has decreased to between 400 and 430 thousand ounces (an ounce).
Al-Rajhi said, to Masrawy, that the total production of the mine reached 452.3 thousand ounces (an ounce) during 2020, compared to the production of 480.5 thousand ounces in 2019, a decrease of 5.9%.
The Centamin Company announced last October that it expects gold production from the mine to decline during the fourth quarter to 70 thousand ounces compared to about 120 thousand ounces (preliminary estimates) in the third quarter of the same year, and compared to about 148.4 thousand ounces during the same period of the year. the past.
The company returned its expectations, according to a previous statement, to its decision to immediately postpone the surface mining operations in one of the mine areas after monitoring movement in the aforementioned area of ??the fourth phase of the Western Wall, which may threaten the security and safety of workers in the event that mining continues.
The company said postponing mining in this area is a precautionary measure to protect the health and safety of the workforce and the potential for diabetes in the long term.
According to what Youssef Al-Rajhi told Masrawy, Sukkari mine operates 24 hours a day, despite the Corona crisis, and production was not affected at all by Corona, whether in the first or second wave.
Al-Rajhi stressed that the company has taken a structured approach that includes a set of precautionary measures to prevent the emerging corona virus, whereby periodic checks are made on workers by conducting a "pcr" analysis, taking into account the current crisis management plan, business continuity plan, and emergency response measures to ensure worker safety. .
Centamin is among 11 foreign and Egyptian companies that were announced to win last November in the first bid put forward by the Ministry of Petroleum and Mineral Resources to explore for gold during the year 2020.
However, Al-Rajhi told Masrawy that his company has not yet been notified of the sites where the drilling operations will be carried out.
Egypt had signed an agreement with Centamin, an Australian company, to explore for gold at the Sukari mine, which is a huge gold mine located in the Red Sea Governorate, and is among the 10 largest gold mines in the world.
https://www.masress.com/masrawy/701950029
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