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Centamin Egypt Limited-Sukari Stage 3 Commissioning Commences 2 Months Ahead of Schedule
Published : May 03, 2011
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Keywords :   Egypt | Gold | Gold Mine | Market |

TORONTO, ONTARIO--(Marketwire - May 3, 2011) - Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(News - Market indicators), the gold mining group in Egypt, is pleased to announce the commencement of ore commissioning activities for its Stage 3 secondary crushing circuit at its Sukari Gold Mine.

Continuous ore feed commenced on 01 May 2011, almost 2 months ahead of schedule with no material problems or concerns arising during initial ore feed.

It is expected that once commissioning activities are completed, and optimum product and feed size determined, the enlarged circuit will be capable of delivering up to 5 Mtpa process rate by early in the third quarter, up from the current 4 Mtpa design capacity.

The Company has achieved one of its key objectives for 2011 ahead of schedule and on budget, and looks forward to continuing to deliver on its stated targets for 2011.

For Centamin Egypt Limited

Josef El-Raghy
Chairman
03 May 2011

ABN 86 007 700 352



Centamin Egypt Limited
Josef El-Raghy
Chairman
+ 61 (8) 9316 2640
+ 61 (8) 9316 2650 (FAX)
www.centamin.com
or
Buchanan Communications Limited
Bobby Morse
Katharine Sutton
Jonathan Rivlin
+ 44 (0) 20 7466 5000
Data and Statistics for these countries : Egypt | All
Gold and Silver Prices for these countries : Egypt | All

VanEck Vectors Global Alternative Energy ETF
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CODE : CEY.L
ISIN : JE00B5TT1872
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Centamin is a gold producing company based in .

Centamin holds various exploration projects in Egypt.

Its main asset in production is SUKARI in Egypt.

Centamin is listed in Australia, in Canada and in United Kingdom. Its market capitalisation is 6.5 billions as of today (US$ 7.8 billions, € 7.3 billions).

Its stock quote reached its lowest recent point on February 14, 2003 at 10.09, and its highest recent level on November 14, 2024 at 136.30.

Centamin has 47 442 200 shares outstanding.
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LSE (CEY.L)AUSTRALIA (CNT.AX)
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