Centamin increases gold production in Egypt in second quarter, flags inflationary pressures kitconews gold silver finance investing mining economics metals
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The company said that production increase was attributable to the successful transition to owner mining alongside ongoing productivity improvements such as the use of lightweight high-capacity truck trays in the open pit. Importantly, the company said it acknowledges inflationary pressures continuing through H2 2022 and now anticipates cash costs and AISC for 2022 in the upper end of the guidance range.
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