Centamin plc Provides Production Guidance for the Year 2020, 2021, 2022, and 2023
December 02, 2020 at 02:00 am EST
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Centamin plc provided production guidance for the year 2020, 2021, 2022, and 2023. For the 2020, the company forecasted gold production of 445-455 koz, at an estimated cash costs of USD 740-790/oz produced and AISC of USD 950-1,050/oz sold.
For the 2021, the company forecasted gold production of 400-430 koz, at an estimated cash costs of USD 800-900/oz produced and AISC of USD 1,150-1,250/oz sold.
For the 2022, the company forecasted gold production of 430-460 koz, at an estimated cash costs of USD 775-850/oz produced and AISC of USD 950-1,125/oz sold.
For the 2023, the company forecasted gold production of 450-480 koz, at an estimated cash costs of USD 750-825/oz produced and AISC of USD 900-1,075/oz sold.
Centamin plc is a Jersey-based gold producer. Its assets include Sukari Gold Mine, Doropo Gold Project and ABC Project. The Sukari is a bulk tonnage open pit and a high-grade underground operation, with significant exploration upside at depth and regionally, within the 160 square kilometers (km2) tenement. The Doropo Project consists of seven exploration permits, covering an area of over 1,850 km2. The Doropo Project is in the northeast of Cote dâIvoire, over 480 kilometers (km) north of Abidjan. The ABC Project is in northwest Cote d'Ivoire, over 550 km northwest of Abidjan and 460 km west of Centamin's Doropo project. Its EDX Blocks comprise 3,000 km2 of greenfield exploration tenements within the Egyptian section of the Arabian Nubian Shield. The land package is divided into three blocks: Nugrus Block, which covers over 1,086 km2, Um Rus Block, which is located 50 km north of Sukari, and Najd Block, which is located 100 km northwest of Sukari in the Central Eastern Desert.
CENTAMIN PLC 
