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Sukari Gold Mine’s production up 9% YoY in H1 2025

The Sukari Gold Mine’s production in Egypt increased by 9% year-on-year (YoY) in the first half (H1) of 2025, AngloGold Ashanti announced.

Updated 8/3/2025 3:01:00 AM
House of Representatives greenlights Centamin's 30-year Sukari gold mine exploitation

The Egyptian House of Representatives has finally approved the draft law on the exploitation of gold ore and related minerals in the Sukari gold mine.

Updated 7/7/2025 2:28:00 AM
Madbouly reviews AngloGold Ashanti’s expansion plans in Egypt's mining sector

Prime Minister Mostafa Madbouly met with officials from AngloGold Ashanti to explore business plans, future expansions, and opportunities to enhance cooperation in the mining sector.

Updated 5/8/2025 8:31:00 AM
Badawi, AngloGold Ashanti review investment plans in Egypt's mining sector

Minister of Petroleum and Mineral Resources Karim Badawi met with a delegation from global gold mining company AngloGold Ashanti to discuss investments in the Sukari gold mine

Updated 3/20/2025 10:32:00 AM
Badawi discusses Sukari mine investments with AngloGold Ashanti

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi met with AngloGold Ashanti's CEO Alberto Calderon to discuss investments in the Sukari gold mine.

Updated 2/6/2025 7:36:00 AM
Egypt’s Sukari Gold Mine Production Increase

Updated 10/22/2024 11:51:00 AM
Sukari Gold Mine’s production up 30% YoY in Q3 2024

The Sukari Gold Mine’s (SGM) production rose 30% year on year (YoY) during the third quarter (Q3) of 2024 to 131,700 ounces.

Updated 10/17/2024 11:09:00 AM
Sukari Gold Mine operations unaffected by AngloGold Ashanti’s Centamin takeover: Petroleum Ministry

The Ministry of Petroleum and Mineral Resources confirmed that recent acquisition of Centamin, the sole owner of the Pharaoh Gold Mines, by AngloGold Ashanti will not affect Egypt’s rights or revenues from the Sukari Gold Mine.

Updated 9/12/2024 6:54:00 AM
AngloGold Ashanti to acquire Centamin in $2.5B deal

South African AngloGold Ashanti will acquire Centamin PLC, the operator of Egypt’s largest gold mine Sukari, in a $2.5 billion stock and cash deal.

Updated 9/10/2024 12:44:00 PM
Sukari gold mine achieves 5.8M ounces of production since inception

The Sukari Gold Mine (SGM) has produced 5.8 million ounces of gold since it began operations, Minister of Petroleum and Mineral Resources Karim Badawi announced.

Updated 9/1/2024 7:08:00 AM
Centamin to invest $100M in Egyptian gold projects in 2025

Australian mining company Centamin plans to invest up to $100 million in gold exploration and production in Egypt over the next year, CEO Martin Horgan told Asharq Business.

Updated 7/18/2024 8:11:00 AM
Egypt gets $1B in revenue from Sukari Gold Mine

Egypt has earned $1 billion in revenues from the Sukari gold mine (SGM) since its construction.

Updated 7/16/2024 11:48:00 AM
4 international firms compete for gold prospecting tender in Egypt

Four international firms are competing to win Egypt's first global tender launched by Shalateen Mineral Resources for gold prospecting in two areas near the Sukari gold mine.

Updated 3/12/2024 9:46:00 AM
Egypt rakes in $130M from 2023 Sukari Goldmine production

The Egyptian government’s share of the Sukari Goldmine (SGM) production has surpassed $130 million in 2023, Amr Hassouna, Centamin PLC’s Country Manager, stated.

Updated 1/29/2024 12:59:00 PM
Centamin's production from Sukari mine reaches 450,058 ounces in 2023

Production from the Sukari gold mine, Egypt’s first large-scale modern mine, hit 450,058 ounces in 2023, compared to 440,974 ounces in 2022, Centamin PLC revealed.

Updated 1/18/2024 1:32:00 AM
Centamin raises estimates for gold reserve from Egypt’s Sukari mine by 10%

Centamin PLC has raised its gold reserve estimates from its Sukari gold mine in Egypt by 10% to 5.8 million ounces.

Updated 12/19/2023 2:09:00 AM
Centamin aims to produce up to 480,000 ounces of gold in 2023

Centamin PLC, the operator of Egypt’s largest gold mine Sukari, is looking forward to producing between 450,000 and 480,000 ounces of gold by the end of this year.

Updated 7/19/2023 8:06:00 AM
Sukari gold mine performance in 2022

Updated 4/17/2023 2:29:00 PM
Sukari gold mine produces 5.2M ounces of gold since inception

During an inspection tour to the gold mine, El-Molla has inaugurated a solar power station at the Sukari mine with a capacity of 36 megawatts, in addition to a battery storage system with a capacity of 7.5 megawatts to rationalize expenses and maintain the sustainability of production.

Updated 3/22/2023 10:46:00 AM