Centamin comments on advisory report ahead of appeal hearing

摘要

Centamin (CEE-T, CEY-L) fell 18% after it updated the market on its legal troubles surrounding its Sukari gold mine in Egypt's Eastern Desert. Located 700 km from Cairo, Sukari started production in2009 and is the only major gold mine in Egypt. But following the country's revolution and administration change, which included reviewing contracts made under the previous regime, the fate of the mine has been clouded by uncertainty.