Sukari mine

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Sukari mine
Location
Red Sea Governorate
Country Egypt
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Production
Products Gold
Production 420,000 oz/y
History
Opened 2009
Owner
Company Centamin

The Sukari mine or Alsukari mine (Arabic: السكري Al-Sukkari, Egyptian pronunciation: El-Sokkari) is a Gold Mine located in the Nubian Desert/Eastern Desert near the Red Sea in Egypt in the south-east of the country in the Red Sea Governorate,[1] 30 km south of Marsa Alam. It is exploited jointly by the Egyptian Ministry of Mineral Resources and Centamin. It is Egypt's first modern gold mine,[2] an industry considered to have scope for expansion in the country. Egypt was known in the ancient world as being a source of gold, and one of the earliest available maps shows a gold mine at this location.[3]

It is a combination of an open-pit mine and an underground mine, with estimated reserves of 15.4 million oz of gold.[1] The site is supplied by a 30 km long pipeline bringing water from the Red Sea.

History

The $265-million project began gold production began in 2009 with 850 workers. The initial yield was 2 g/t, with future yields expected to rise to between 5 g/t and 10 g/t.[4]

In October 2012 owner Centamin's license for the Sukarim mine was annulled by an Egyptian court,[2] in December operations were suspended over a payment dispute and exports were halted.[5] Within a week significant parts of the disupte with the Egyptian bureaucracy were resolved and exports were resumed.[6]

By 2014 production had risen to 250,000 oz in the first nine months, with a target figure for the entire year of 420,000 oz.[7]

References

  1. 1.0 1.1 Lua error in package.lua at line 80: module 'strict' not found.
  2. 2.0 2.1 Lua error in package.lua at line 80: module 'strict' not found.
  3. A special report on Egypt The Economist
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