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Centamin directors buy after shares slide

Gold miner cut its guidance after an unstable pit area forced it to change mine plan for December quarter
October 7, 2020

Centamin (CEY) announced at the start of October its expected production for 2020 would drop by around 50,000 ounces (oz) because an unstable section of the Sukari mine openpit had to be avoided. This is worth around $96m (£75m) at Wednesday’s gold price of $1,913/oz.

IC TIP: Buy at 154p
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