Centamin posts higher Q1 output, earnings

May 3, 2016

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Dual-listed Centamin marked a solid start to the new financial year as it delivered higher production and financial improvements in the first quarter. For the three months to March 31, Centamin achieved a 6% quarter-on-quarter and 16% year-on-year increase in gold output, along with an 11% increase in gold sales, an 8% rise in the average realised gold price and revenue of $148.1-million, a 9% hike on the corresponding quarter the year before.

Category: General