27th Jun 2023 09:22
Centamin PLC- London-based gold producer with interests in Egypt, Burkina Faso and the Ivory Coast -
Estimates 1.9 million ounces of probable mineral reserves at an average grade of 1.4 grams per tonne of gold at Doropo gold project in north-eastern Ivory Coast. Says gold production will average 173,000 ounces at Doropo at an average of 210,000 ounces in the first five years. Adds definitive feasibility study drilling programme and environmental and social impact assessment completion for the project is expected in the first half of 2024. Notes DFS is 94% complete, with 64,992 metres drilled.
Current stock price: 93.10 pence, up 2.5% on Tuesday
12-month change: up 15%
By Sabrina Penty, Alliance News reporter
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