could soon secure a gold treatment facility

Centamin Egypt Could Soon Secure A Gold Treatment Facility For Its Sukari Project.

By Our Man In Oz

No-one has ever doubted that Centamin Egypt is sitting on a hill of gold at its Sukari project near the Red Sea in Egypt. Getting it out has always been the big question thanks to issues with government and deciding on the most cost-efficient process route. The government question was solved last year. In the next few days the processing question should also be solved with Centamin close to finalising the purchase of a complete gold treatment facility with only 10 years on the clock. Centamin chief executive, Josef El-Raghy, is cautious with his words, and declines to confirm whether a deal simply needs inking, but a check of what’s for sale in the second hand gold-plant market reveals a beauty in Bolivia with Centamin’s name written all over it. .. more

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