31/10/2006
Centamin Egypt has upgraded the resource estimate at its Sukari gold prospect from 3.85 to 6.79 million oz.
AIM-quoted and Australia-based Centamin says it continues to find extensions to the Sukari deposit. The company has also agreed to pay £6 million to US giant Newmont for its Kori Kollo processing plant, now in Bolivia.
Centamin shares are up 0.25p at 26.5p today and could outperform several others in the sector.
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