Centamin Plc's data showed that gold sales revenue from the Sukari mine in Egypt increased by 26% on an annual basis during the fiscal year 2020.
and according to the vision, the data showed that Egypt achieved $ 829 million in revenue during 2020, generated from sales of 468.68 thousand ounces at an average price of $ 1766 / ounce, in return for revenue It reached $ 658 million, generated from sales of 470.02 thousand ounces at an average price of $ 1,399 / ounce during 2019.
According to the data, gold production from the Sukari mine in Egypt during 2020 was about 452.32 thousand ounces, compared to 480.52 thousand ounces a year ago, down 6% on an annual basis. < / p>
The data also showed that gold production from the Sukari mine during the fourth quarter of 2020 reached about 67.99 thousand ounces, compared to 148.38 thousand ounces in the comparative quarter of 2018. Down 54% year-on-year, and 47% down quarter-on-quarter (128.24 thousand ounces in the third quarter of 2020).
Centamin expects that gold production in 2021 will reach 400-430 thousand / ounce with cash costs of 800-900 dollars / ounce, while capital expenditures are estimated at $ 225 million during the current year 2021.
