Market Update - Resumption of Gold Exports

RNS Number : 6548T

Centamin PLC

17 December 2012

 



For immediate release

17 December 2012

Centamin plc ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

Market Update - Resumption of Gold Exports

Centamin is pleased to confirm that the halt by customs on gold exports from Sukari has been lifted and a shipment was made yesterday.  We expect both fuel supply and normal operations at Sukari to resume in the coming days, once payment for the latest shipment has been received and working capital in the operating company, Sukari Gold Mines, has subsequently been replenished.  Centamin will provide a further market update when this occurs.

We continue to benefit from the support and cooperation of the Ministry of Petroleum and our partners in the project, the Egyptian Mineral Resources Authority (EMRA).

For more information please contact:

Centamin plc Josef El-Raghy, Chairman Andy Davidson, Head of Business Development and Investor Relations ([e-mail]) [phone]

Buchanan Bobby Morse Cornelia Browne Gabriella Clinkard + 44 (0) 20 7466 5000

 

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