Egypt
Sukari Mine Achieves 5.8M Ounces: Minister Lauds Innovation and Investment
Published on : 2024-08-31
Engineer Karim Badawi, Minister of Petroleum and Mineral Resources, underscored the pivotal role of the Sukari Mine as a benchmark for advanced mining investment. He reaffirmed the ministry's unwavering commitment to bolstering the mine’s achievements, particularly through its efforts to ramp up production and implement cutting-edge exploration techniques that have significantly extended the mine's operational lifespan. To date, the Sukari Mine has yielded 5.8 million ounces of gold since commencing operations.
During his inspection tour of the Sukari Mine in the Eastern Desert near Marsa Alam, the minister highlighted the mineral resources sector's strategic objective to cultivate new success stories and attract increased investment into the mining industry. He praised the outstanding contributions of industry partners who, through their diverse expertise and innovative technologies, are driving economic discoveries and optimizing resource utilization.
The minister reviewed the mine’s investment trajectory, with a focus on exploration, development, production, and the integration of modern management practices. He commended the mine's rigorous safety protocols, commitment to gender equality in job assignments, and its proactive community engagement, which has resulted in 35 locally impactful projects.
In discussions with engineers, geologists, and technicians at the mine, the minister applauded their deep industry knowledge, strict adherence to safety and environmental standards, and acknowledged the significant role women play within the workforce, noting the contribution of 61 women across all departments.
Martin Horgan, CEO of Centamin, emphasized the company's ongoing efforts to maximize the value of the Sukari Mine, which benefits from a world-class gold reserve and a highly skilled, diverse workforce, including a strong representation of women. He expressed confidence in Egypt’s potential and the promising outcomes of the Centamin-Egypt partnership.
The minister also inspected the Sukari Mine’s solar power plant, which operates at a capacity of 36 MW and features a 7.5 MW battery storage system. This initiative not only reduces fuel consumption but also significantly lowers carbon emissions.
Accompanying the minister on the visit were Yasser Ramadan, Chairman of the Mineral Resources Authority, along with other senior officials from the ministry and Sukari Gold Mine Company.




