Egyptian Mineral Resource Authority
Raghy said in July that production from Egypt’s Sukari Gold Mine had reached 108.8 tons of gold since the mine started production in 2010, and through to June 2018.
General Manager of Centamin Egypt and Managing Director of Sukari Gold Mining Company Youssef el-Raghy clarified that the production recorded 1.1 tons of gold in June 2018.
Egypt received a total of $309.2 million on profit account and tribute from the Sukari Gold Mine.
Centamin lowered its gold production target to 515,000 ounces in 2018 from 560,000 ounces in the beginning of the year, compared to 550,000 ounces in 2017.
The Sukari mine’s total gold production has recorded 106.7 tons since the beginning of production in 2010 till last April.
Profits of the Egyptian Mineral Resource Authority (EMRA) from Sukari gold mine are expected to reach some $115 million in 2018.