London, England — 09 April 2013 – London-based gold producer Centamin says total gold production for the quarter ended March 31 at its Sukari gold mine in Egypt was a record 87,016oz “’ a 77% increase on the corresponding quarter in 2012 and a rise of 2% above Q4 of last year.
Formal guidance for the current year “’ announced last month “’ is 320,000 ounces of gold at a cash operating cost of US$700 per ounce.
Centamin said in a statement issued here that total open pit material movement of 10.5Mt had increased 56% and ore production of 21Mt was up 11% on Q4 of 2012. The underground mine had delivered 119,000t, up 6% on Q4 of 2012. The run of mine ore stockpile balance had increased by 38,000t to 759,000t at the end of the period.
Quarterly throughput at the Sukari process plant was a record 1.4Mt, a 37% increase on the prior year period and a 12% increase on Q4 of 2012, exceeding the nameplate annualised rate of 5Mt, the statement continued. This performance was driven by continued high levels of productivity coupled with a reduced impact from stoppages compared with the previous quarter.
Source: Centamin. For more information, click here.