BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Centamin Plc (CELTF.PK, CEY.L, CEE.TO) said, for fiscal 2022, the Group targets: unit production of 430-460 koz; and capital expenditure of $215 million. For fiscal 2023, the Group targets: unit production of 450-475 koz; and capital expenditure of $175 million. For fiscal 2024, the Group targets: unit production of 450-500 koz; and capital expenditure of $165 million.
The Group reported mineral reserve growth in excess of one million ounces net of six months mining depletion, representing a 23% increase in Sukari Proven & Probable Mineral Reserves.
'Our improved geological model underpins our new robust 12+ year mine schedule and from this we have identified a clear roadmap to consistently producing greater than 500,000 ounces per annum from the Sukari Gold Mine over the next decade,' Martin Horgan, CEO, said.
Copyright RTT News/dpa-AFX
© 2021 AFX News