Centamin plc Sukari Gold Mine Halted by Illegal Labour Unrest

06.03.2012  |  Marketwired

TORONTO, ONTARIO -- (Marketwire) -- 03/06/12 -- Centamin plc ('Centamin' or 'the Company') (LSE: CEY) (TSX: CEE) announces that it has temporarily halted operations at its Sukari Gold Mine in Egypt due to illegal labour unrest.

The illegal unrest and work stoppage commenced as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari workforce. The Company is continuing discussions and has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum.

The Company will provide further updates in due course.



Contacts:

Centamin plc
Josef El-Raghy, Chairman
+44 (0) 20 7569 1670

Centamin plc
Katharine Sutton, Head of Investor Relations
+44 (0) 20 7569 1670
katharine.sutton@centamin.com

Buchanan
Bobby Morse
Gabriella Clinkard
+44 (0) 20 7466 5000