Business News Wrap-Up

Tue, 19 Jun 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day.

Sukari mine’s production of gold reaches 106.7 tons: Centamin

Sat, 12 May 2018 - 10:39 GMT

Production from Egypt’s Sukari Gold Mine has reached 106.7 tons of gold since the mine started production in 2010 and until April 2018.

EMRA receives $14.4M in revenues from Sukari mine in January

Sun, 18 Mar 2018 - 02:12 GMT

The Egyptian Mineral Resource Authority (EMRA) has received around $14.4 million in revenues from the Sukari gold mine in January 2018.

Gold miner Centamin reports 2017 profit fall

Wed, 31 Jan 2018 - 12:14 GMT

Centamin posted a 13% fall in core profit in 2017 Wednesday as gold production fell and costs rose but the miner declared a final dividend that beat consensus.

Business News Wrap-up

Thu, 11 Jan 2018 - 05:00 GMT

A wrap-up of the most prominent business news of the day

Sukari gold mine’s reserves rise to 8M ounces

Thu, 11 Jan 2018 - 01:19 GMT

The mine’s gold reserves rose to eight million ounces, after production increased by one million ounces in the period between June 2015 to June 2017.

Sukari operator Centamin to pay $137M to EMRA in 2018

Sun, 07 Jan 2018 - 01:34 GMT

Profits of the Egyptian Mineral Resource Authority (EMRA) from Sukari gold mine are expected to reach some $115 million in 2018.

Sukari to produce 600,000 ounces of gold in 2018

Thu, 02 Nov 2017 - 10:58 GMT

Sukari mine produced a total of 95.3 tons of gold since it started operations in January 2010, with an average monthly production of 1.2-1.5 tons of gold.

Sukari gold mine yields to Egypt amount to $200M by August

Fri, 18 Aug 2017 - 03:11 GMT

Around $100 million of the yields are the mine's profits since the beginning of the profit distribution between the company and the Egyptian Mineral Resources Authority (EMRA).

Cairo airport - state of emergency to ship raw gold to Canada

Tue, 28 Feb 2017 - 10:23 GMT

Cairo International airport announced a state of emergency this morning to secure the unloading and transfer of 277 kilograms of raw gold to travel to Canada