Location | |
---|---|
Red Sea Governorate | |
Country | Egypt |
Coordinates | 24°57′25″N 34°42′36″E / 24.95694°N 34.71000°E |
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 ounces of gold. [1] The site is supplied by a 30 km long pipeline bringing water from the Red Sea.
The $265-million project began gold production 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 Centamin's licence for the Sukarim mine was annulled by an Egyptian court, [2] and in December operations were suspended over a payment dispute and exports halted. [5] Within a week significant parts of the dispute with the Egyptian state were resolved and exports were resumed. [6]
By 2014 production had risen to 250,000 ounces in the first nine months, with a target figure for the entire year of 420,000 ounces. [7]
Location | |
---|---|
Red Sea Governorate | |
Country | Egypt |
Coordinates | 24°57′25″N 34°42′36″E / 24.95694°N 34.71000°E |
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 ounces of gold. [1] The site is supplied by a 30 km long pipeline bringing water from the Red Sea.
The $265-million project began gold production 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 Centamin's licence for the Sukarim mine was annulled by an Egyptian court, [2] and in December operations were suspended over a payment dispute and exports halted. [5] Within a week significant parts of the dispute with the Egyptian state were resolved and exports were resumed. [6]
By 2014 production had risen to 250,000 ounces in the first nine months, with a target figure for the entire year of 420,000 ounces. [7]