CEY is a gold mining company operating in Egypt. It was ordered by the Egyptian Government to stop drilling pending a legal dispute brought against the company by a government minister.

Since then, the whole Government cabinet was replaced a few months ago and the minister now in charge of Mining is believed to be positive on Western investment in the country. CEY are pushing for this minister to allow them to continue drilling ASAP; investers are waiting....patiently.

As soon as the company gets the go-ahead to continue drilling, the share price will move north; CEY has plenty of gold in this mine and it is (apparantly) the case of "raking" it out rather than drilling for it!

Check them out...worthy of a punt.

anyone holding these must be mad till info is clear down down down
uncertain for future and not even the board knows that

the decks are awash

insane people are going to be running the country come june .
in my view it is not going to be a country to invest in . too risky by far
looking at the past of countrys like these

auction very funny

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Sukari Gold Mine halted by illegal labour unrest

Centamin announces that it has temporarily halted operations at its Sukari Gold Mine in Egypt due to illegal labour unrest.

The illegal unrest and work stoppage commenced as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari workforce. The Company is continuing discussions and has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum.

The Company will provide further updates in due course.

Tanks, your 72p entry point seems to be approaching.
Will you grab?

Centamin has had its operations at its Sukari Gold Mine in Egypt temporarily halted by a strike.

The company says that the illegal unrest and stoppage began as a result of a breakdown in on-going discussions involving general salary increases and other benefits with some members of the Sukari workforce.

Centamin is continuing discussions and says it has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum.

It will provide further updates in due course.

At 11:28am: (LON:CEY) Centamin Egypt Ld share price was -8.92p at 77.58p


Story provided by StockMarketWire.com

i did warn you these problems will get worse with no leadership of any sanity

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mna . i agree with that . but to invest in egypt with what will come is insane . sell
sell sell get out and buy a lot cheaper

'Centamin is continuing discussions and says>>>>it has the full support of the Egyptian Mineral Resources Authority and the Ministry of Petroleum....'

No doubt...like the people have the full support of the powers that be...

late buying hm

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I think that is treated as a trade for today - there were 7 trades reported @17:14:55 - numbered 0-6 not 5094+ as you would expect if yesterday's trades?

Or maybe not! :-)

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not going to get my 70p

Shouldn't be to greedy

thanks AID have been buying sbry at under 290p