Centamin (CEY LN) has reported weak Q3 2015 results, largely due to weaker gold prices. Gold production was down 2% QoQ, although up 13% YoY to 105koz while revenues of US$119m were down 5% QoQ but up 2% YoY due to the higher production on an annual basis.


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VSA Morning Miner
- Published:
11 Nov 2015 -
Author:
Oliver O’Donnell -
Pages:
3 -
Centamin (CEY LN) has reported weak Q3 2015 results, largely due to weaker gold prices. Gold production was down 2% QoQ, although up 13% YoY to 105koz while revenues of US$119m were down 5% QoQ but up 2% YoY due to the higher production on an annual basis.