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Press release from Marketwire

Centamin PLC: Q3 Preliminary Production Results

Wednesday, October 09, 2013

Centamin PLC: Q3 Preliminary Production Results

02:09 EDT Wednesday, October 09, 2013

PERTH, AUSTRALIA--(Marketwired - October 08, 2013) - (LSE: CEY) (TSX: CEE)

For immediate release 09 October 2013 Centamin plc ("Centamin" or "the Company") (LSE:CEY, TSX:CEE) Q3 Preliminary Production ResultsCentamin is pleased to announce preliminary production results from itsSukari Gold Mine ("Sukari") in Egypt for the quarter ended 30 September2013.Total gold production for the quarter was 84,757 ounces, a 39% increaseon the corresponding quarter in 2012 and 9% lower than Q2 2013. Thisbrings year to date production to 265,397 ounces.Open pit total material movement decreased 5% from Q2 2013 to 10,506ktand open pit ore production increased 15% on Q2 2013 to 3,409kt whichled to an increase in the run of mine ore stockpile balance of 346ktto1,537kt at the end of the period. The underground mine delivered 152ktof ore, up 7% on Q2 2013.Quarterly throughput at the Sukari process plant was a record 1,463kt,a 46% increase on the prior year period and a 3% increase on Q2 2013;exceeding the nameplate annualised rate of 5 million tonnes for thethird successive quarter with continued high levels of productivity andavailability. Q3 2013 Q2 2013 Q3 2012 (estimate)Total Material Movement - Open Pit 10,506 11,020 6,970(kt)Open Pit Ore Production (kt) 3,409 2,961 1,653Underground Ore Production (kt) 152 142 93Process Plant Throughput (kt) 1,463 1,419 1,004Process Plant Productivity (tph) 715 699 624Gold Produced (oz) 84,757 93,624 60,922Josef El-Raghy, Chairman of Centamin, commented:"The third quarter sawanother strong performance on several frontsmost notably a further increase in both tonnes mined from undergroundand total process plant throughput. Whilst we expect some impact in Q4on plant throughput from the commencement of Stage 4 commissioningactivities, we are now well placed to exceed our initial full year 2013guidance of 320,000 ounces, provided on 14 March 2013."For more information please contact:Centamin plc BuchananJosef El-Raghy, Chairman Bobby MorseAndy Davidson, Head of Business Development and Cornelia BrowneInvestor Relations( Gabriella Clinkard+44 (0) 1534 828708 + 44 (0) 20 7466 5000 This information is provided by RNS The company news service from the London Stock ExchangeEND


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