Dec 9, 2022
Gold has been in the limelight since time immemorial. Even for the past few days, gold stocks have remained the biggest hit of the market.
Top Three LON Gold Stocks to Watch Right Now
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Gold has been in the limelight since time immemorial. Even for the past few days, gold stocks have remained the biggest hit of the market.
Top Three LON Gold Stocks to Watch Right Now
Centamin's Gold production Increases 10.5 % in Q3
Centamin’s Gold production Increases 10.5 % in Q3
Centamin Plc reported an increase of 10.5% in their Q3 output as they mined higher grade ore at its Sukari mine located in Egypt and maintained its full year production forecast of 420,000 ounces of gold.
The production in Sukari mine increased to 93, 624 ounces in the Q3 which ended last month, from 84, 757 ounces a year earlier. Total production in the nine months to September stood at 249, 146…
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Centamin posted 58% Profit Loss as Production Shrinks
Centamin posted 58% Profit Loss as Production Shrinks
Centamin Plc posted a 58-percent fall in core earnings, hurt by a fall in output at its flagship Sukari mine, but said it could still hit its 2014 production target after fixing mechanical problems.
The miner, which also has exploration prospects in Ethiopia, said earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $34.3 million for the quarter ended March 31 from $81.7…
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