Centamin Cash Flow Surges on Higher Output, Gold Prices

By MarketWatch | Oct 17, 2024 at 03:05 AM EST

Centamin's Q3 gold production surged by 30%, boosting cash flow amid high gold prices. The rise was driven by the Sukari mine in Egypt, following investments. The company's performance led to a bid from AngloGold Ashanti, valuing it at $2.5 billion.

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