‘absolute dream’

Centamin eyes new gold mine in Egypt after Burkina Faso exit: Martin Horgan

By Sherif Tarek

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Posted on August 16, 2023 08:45

Centamin is exploring 300,000ha in Egypt’s Eastern Desert. (REUTERS/Amr Abdallah Dalsh)

The Canadian miner’s CEO says the company aims to retain its Sukari joint venture with the government and later develop a new mine that it fully owns in Egypt.

Centamin Plc will be seeking to solely own and operate a new gold mine in Egypt after the ratification of the model mining exploitation agreement (MMEA), which is slated for the last quarter of 2023, says CEO Martin Horgan.

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