Centamin says preliminary total gold production for the third quarter was 148,674 ounces, a 6% increase on the previous three months and a 41% increase on a year ago. Quarterly throughput at the process plant was 2,806kt, a 4% decrease on the previous quarter and in excess of its base case target rate of 11 million tonnes per annum (Mtpa). Open pit total material movement (ore plus waste) increased 7% on the previous quarter to 16,191kt. Open pit ore production decreased by 14% to 2,936kt at an average mined grade of 1.06g/t. The average head grade to the plant from the open pit was 1.14g/t. The run of mine ore stockpile balance increased by 157kt to 1,169kt at the end of the period. The underground operation delivered 255kt of ore, in line with the previous quarter, at an average mined grade of 9.0g/t. Productivity remained above the forecast rate of 1 million tonnes per annum at 6g/t. Ore from stoping was 153kt at 8.8g/t and ore from development was 103kt at 9.2g/t.
-2.95p (-2.28%)delayed 14:12PM