Mining Intelligence and News
Egypt

Sukari Complex

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Overview

Mine TypeOpen Pit & Underground
StatusActive
Commodities
  • Gold
Mining Method
  • Truck & Shovel / Loader
  • Avoca
  • Longhole stoping
  • Room-and-pillar
Backfill type ... Lock
Production Start... Lock
Mine Life... Lock
SnapshotSukari is Egypt’s first large-scale modern mine. Sukari Gold Mine comprised of open pit (Sukari OP), underground (Sukari UG).
Related AssetsSukari OP Mine, Sukari UG Mine

Owners

SourceSource
CompanyInterestOwnership
Centamin plc 50 % Indirect
Egyptian Mineral Resource Authority 50 % Indirect
SGM, is 50:50 jointly owned by PGM (the Centamin’s wholly owned subsidiary) and EMRA, with equal board representation from both parties.

Contractors

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Deposit type

  • Porphyry

Summary:

Gold mineralization at Sukari is hosted exclusively by porphyry. The lack of significant gold grades in chemically reactive serpentinitic wall rocks can be explained in one of two ways:

• The porphyry represented a favourable host either because of its composition, relative to mineralising fluids, or its mechanical properties or both.

• The Sukari Porphyry was relocated, relative to wall rock sequences, by faulting after gold mineralization.

While significant post-mineralization faulting has possibly occurred, the second scenario is unlikely. Porphyry dykes in the hangingwall of the main porphyry body show gold mineralization of essentially the same character as that in the main porphyry and wall rocks immediately adjacent to those dykes are also barren. Those dykes range in thickness from a few centimetres to several metres. It is not reasonable to postulate that they, along with the main porphyry body, were all relocated by faulting after mineralization.

Certainly it is evident that the Sukari Porphyry has acted as a rigid body surrounded by weaker rocks. Footwall and hangingwall rocks have taken up strain by development of strong schistosity, almost certainly accompanied by large decreases in volume. The porphyry has taken up strain by development of predominantly brittle fault structures.

The porphyry host for the mineralization has a strike length of approximately 2,300 m, and ranges in thickness from 100 m to approximately 600 m (Cavaney 2005). Gold mineralization within this is not continuous and its deposition has been influenced by major long-lived structures, the most important of which are tabular sheets of crackle breccia.

Reserves

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Mining Methods

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Comminution

Crushers and Mills

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Processing

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Production

CommodityUnits202320222021202020192018201720162015
Gold oz  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe480,528472,418544,658551,036439,072
All production numbers are expressed as metal in doré. ^ Guidance / Forecast.

Operational metrics

Metrics20222021202020192018201720162015
Ore tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe15,459 kt24,373 kt17,235 kt11,968 kt
Waste OP  ....  Subscribe  ....  Subscribe  ....  Subscribe
Total tonnes mined  ....  Subscribe  ....  Subscribe  ....  Subscribe79,675 kt79,214 kt
Tonnes processed  ....  Subscribe  ....  Subscribe  ....  Subscribe12,859 kt12,568 kt12,032 kt11,559 kt10,575 kt
Annual processing capacity  ....  Subscribe  ....  Subscribe  ....  Subscribe12.5 Mt12.5 Mt
Stripping / waste ratio  ....  Subscribe  ....  Subscribe  ....  Subscribe2.37 3.4 4.68 5.6

Production Costs

CommodityUnits2023202220212020201920182017
Cash costs Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 699 / oz   624 / oz   554 / oz  
Cash costs (sold) Gold USD 577 / oz  
Total cash costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 737 / oz   663 / oz  
All-in sustaining costs (sold) Gold USD  ....  Subscribe  ....  Subscribe  ....  Subscribe  ....  Subscribe 943 / oz **   884 / oz **   790 / oz **  
^ Guidance / Forecast.
** Net of By-Product.

Financials

Units2023202220212020201920182017
Capital expenditures (planned) M USD  ....  Subscribe
Sustaining costs M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 85.1   89.2   82.6  
Capital expenditures M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 107.5  
Revenue M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 652.3   603.2   675.5  
Gross profit M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 213.1   196.7   261.2  
Pre-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 173   152.7   224.1  
After-tax Income M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 172.9   152.6   222  
EBITDA M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 284   284  
Operating Cash Flow M USD  ....  Subscribe  ....  Subscribe  ....  Subscribe 285.5   285.5  

Heavy Mobile Equipment

Fleet data has not been reported.

Personnel

Mine Management

Job TitleNameProfileRef. Date
....................... Subscription required ....................... Subscription required Subscription required Oct 5, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023
....................... Subscription required ....................... Subscription required Subscription required Sep 11, 2023

EmployeesContractorsTotal WorkforceYear
...... Subscription required ...... Subscription required ...... Subscription required 2022
...... Subscription required 2021
...... Subscription required 2020

Aerial view:

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