licence overview sukari concession agreement centamin's primary, wholly owned subsidiary is called pharaoh gold mines nl pgm and our interests in the concession agreement for sukari are held and registered in the name of pgm. pgm owns 50% of the operating company, sukari gold mines sgm , with the egyptian mineral
completed by 2007, the mining works cost centamin us$216 million to construct; its operations began by first quarter of 2009. centamins annual expenditures in the sukari gold mine amount to us$365 million. the egyptian state imposes a three percent tax on its production for a period of 15 years.
sukari gold project is located in the eastern desert of egypt about 23 km southwest of the red sea coastal town of marsa alam and 750 km by highway from cairo. pharaoh gold mines nl, centamin's
working at sukari gold mine was really a pleasure. was a great project, and was a great opportunity working with egyptian people. all my experience was successfully accepted by the whole team. hardest part of the job was getting the correct spares in small time frame. enjoyable part of the job was a successful day or project.
we are a rapidly growing gold producer with our flagship project, the sukari gold mine, located in the eastern desert of egypt. centamin egypt - pharaoh gold mines nl find
the sukari gold mine began production in 2009 and is the first large scale modern gold mine in egypt, with a base case production rate of c.500,000 ounces per annum.
location the 160km2 sukari tenement area is located in the south-easterly region of the eastern desert of egypt, approximately 700km from cairo and 25km from the red sea. sukari hill is situated within the tenement area and is approximately 2,300m long, 600m wide and 1,345m above sea level at its highest point.
cairo 19 june 2018: production from egypts sukari gold mine has reached 107.7 tons of gold since the mine started production in 2010 and until may 2018, general manager of centamin egypt and managing director of sukari gold mining company youssef el-raghy said.
the sukari gold mine, located 700 km from cairo, is the only operating gold mine in egypt. image courtesy of centamin. january profits from egypts sole gold-exporting mine are making
sukari gold mine, marsa alam, eastern desert, red sea, egypt : located 15 km west of the red sea coast 23 km west of the coastal town of marsa alam in the southern central eastern desert of egypt, on sukari hill. gold was worked out by the pharaohs and the
the sukari gold project is located in the eastern desert of egypt, approximately 23km south-west of marsa alam, a coastal town near the red sea. the mine occupies an area of 160km2. the project, egypts first large-scale gold mine, is currently in development. mining began in 2007 and first gold
general manager of centamin egypt and managing director of sukari gold mining company youssef el-raghy said earlier that production from egypts sukari gold mine has reached 108.8 tons of gold since the mine started production in 2010 and until june 2018. raghy clarified that the production recorded 1.1 tons of gold in june 2018.
sukari gold mining company is a joint venture between australia-based centamin and the egyptian government that operates egypts commercial gold mine in the eastern desert. a hike in international prices and a surge in the dollar exchange rate have pushed the price of gold up on the egyptian
the sukari mine or alsukari mine arabic: al-sukkari, egyptian pronunciation: el-sokkari is a gold mine located in the nubian desert/eastern desert near the red sea in egypt, in the south-east of the country in the red sea governorate, 30 km south of marsa alam.it is exploited jointly by the egyptian ministry of mineral resources and centamin.
egypts only operating gold mine, sukari, is located about 700 km from cairo. image courtesy of centamin since then, abdel nassers and following governments have focused mostly on oil and
we cannot treat gold mining the same way we treat petroleum exploration, youssef el-raghy, chairman of centamin, tells business today egypt. centamins sukari is the only operating gold mine in egypt, with its exports representing 2% of egypts total ex- ports.