The miner has added 780,000 indicated ounces of gold to its Doropo project in Cote d’Ivoire, taking the its overall resource to over 2 million ounces.
Centamin Mining News
The company produced 472,418 ounces of gold at its Egypt-based Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at the operation.
Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.
Gold miner Centamin Plc's quarterly core earnings topped market expectations as lower-than-estimated mine site costs and inventory-driven sales volumes offset a drop in production.
Gold output in 2018 will now be between 505,000 and 515,000 ounces, compared with a previous forecast of 580,000 ounces, Centamin said.