Multibagger miner maintains 2012 target

This morning, gold miner Centamin announced its third-quarter preliminary production results from its Sukari gold mine in Egypt.

The mineral exploration, development and mining company reported that total gold production for Q3 was 60,922 ounces, 20% up on the corresponding quarter in 2011. However, the figure was a 10% decrease on the most recent quarter, while quarterly throughput at the Sukari process plant was 1,004kt, 5% up on Q3 2011 but a 21% decrease on Q2 2012. This is due to a scheduled SAG mill reline in September and the illegal strike in July.%VIRTUAL-SkimlinksPromo%