Centamin Egypt Limited ("Centamin" or "the Company") (TSX:CEE)(LSE:CEY), the gold mining group with operations in Egypt, notes the press speculation with regard to operations at its Sukari mine.
Contrary to earlier reports from the Egyptian News Agency that 250 workers at the Sukari mine site were staging a sit-in to demand better pay and a change of ownership, Centamin Egypt has recently reported that there has been minimal reaction at Sukari to the wider political changes in Egypt.
Reuters have reported a company spokesperson as stating that the protest was with regards to working conditions and production wasn’t affected.
Staff Reporter