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.

Q1 2015 Preliminary Production Results

Centamin is pleased to announce preliminary production results for the quarter ended 31 March 2015 from its Sukari Gold Mine ("Sukari") in Egypt.

Total gold production for the quarter was 108,233 ounces, a 46% increase on Q1 2014 and 16% lower than Q4 2014. Full year 2015 guidance remains at 420,000 ounces.

Quarterly throughput at the process plant was 2,478kt, a 5% decrease on Q4 2014, as the new SAG mill reline was brought forward this quarter and fitted with improved design lifters and grates.

Open pit total material movement increased 16% on the previous quarter, to 15,996kt. Open pit ore production decreased on Q4 2014 by 38% to 2,562kt and lower average grades mined in the first quarter as expected. The run of mine ore stockpile balance increased by 33kt to 2,204kt at the end of the period.

The underground operation delivered 264kt of ore, a 7% decrease on Q4 2014 with average grades remaining consistent and in line with the underground mining plan.

more....

CEY makes it to Telegraph's income portfolio: 11 shares that can afford the dividends they pay.

Results for the Quarter ended 31 March 2015

Operational Highlights(1),(2)
· Gold production of 108,233 ounces, 16% lower quarter on quarter and 46% higher than Q1 2014
· Cash cost of production of US$717 per ounce and all in sustaining costs (AISC) of US$858 per ounce
· 2015 guidance of 420,000 ounces at US$700 per ounce cash cost of production and US$950/oz AISC
· Process plant throughput at 10Mtpa nameplate. Minor design modifications implemented with scope over the coming quarters for further throughput increases as optimisation continues
· Open pit mining total material movement a quarterly record and towards the end of the quarter had reached the full annualised rate of 66 million tonnes as scheduled for the expanded operation
· Underground drilling at Sukari supports further resource and reserve expansion potential
· Encouraging results from exploration programmes in Ethiopia, Burkina Faso and Côte d'Ivoire

Financial Highlights(1),(2)
· EBITDA US$53.0 million, down 13% on Q4 2014 and up 55% on Q1 2014
· Basic earnings per share 2.50 cents, down 16% on Q4 2014 and up 34% on Q1 2014
· Centamin remains debt-free and un-hedged with cash, bullion on hand, gold sales receivable and available-for-sale financial assets of US$195.8 million at 31 March 2015

Legal Developments in Egypt
· The Supreme Administrative Court appeal and Diesel Fuel Court Case are both on-going. Centamin is aware of the potential for the legal process in Egypt to be lengthy and it anticipates a number of hearings and adjournments in both cases before decisions are reached. Operations continue as normal and any enforcement of the Administrative Court decision has been suspended pending the appeal ruling

more....

On the cusp of a golden cross.

Results of the Annual General Meeting of Shareholders

Investec Buy 68.90 70.00 70.00 Reiterates

Numis Hold 68.90 60.00 60.00 Reiterates

Bank of America Merrill Lynch Buy 68.90 84.00 84.00 Reiterates

RBC Capital Markets Outperform 68.90 80.00 80.00 Reiterates

Q2 2015 Preliminary Production Results

Centamin is pleased to announce preliminary production results for the quarter ended 30 June 2015 from its Sukari Gold Mine ("Sukari") in Egypt.

Preliminary total gold production for the quarter was 107,781 ounces, a 33% increase on Q2 2014 and in line with production in the first quarter 2015. Full year production is expected to be between 430,000 and 440,000 ounces.

Quarterly throughput at the process plant was 2,667kt, an 8% increase on Q1 2015, as finer material was fed to the milling circuit due to improved blasting and greater availability of the secondary crushers.

Open pit total material movement decreased 15% on the previous quarter to 13,671kt. Open pit ore production decreased on Q1 2015 by 32% to 1,751kt, which is in line with the overall mine plan. The run of mine ore stockpile balance decreased by 878kt to 1326kt at the end of the period.

The underground operation delivered 282kt of ore, a 7% increase on Q1 2015, with average grades remaining in line with the mining plan.

July 10: Canaccord Genuity: Buy - TP: 75p - Upgrade

Q2 Results 2015 and Interim Dividend

Operational Highlights(1),(2)
· Gold production of 107,781 ounces was in line with the first quarter and up 33% on Q2 2014.
· Cash cost of production of US$706 per ounce and all-in sustaining costs (AISC) of US$853 per ounce.
· 2015 production guidance of between 430,000 and 440,000 ounces.
· With higher anticipated production and our continued focus on cost control, we expect to achieve below the previously guided cash cost of production of US$700 per ounce and AISC of US$950 per ounce.
· Record process plant throughput of 2.67Mt was 7% above the 10Mtpa nameplate capacity.
· Recovery of 90.3%, up by 2% over the first quarter, reflects on-going optimisation of the process plant.
· Underground mining slightly above forecast with 282kt of ore mined at an average grade of 6.3g/t.
· Underground drilling at Sukari continues to support further resource and reserve expansion potential.
· Encouraging results from exploration programmes in Ethiopia, Burkina Faso and Côte d'Ivoire.

Financial Highlights(1),(2)
· EBITDA of US$37.3 million was down 30% on Q1 2015, as lower operating costs were offset by a fall in realised gold prices and a reduction in gold sales volumes.
· Centamin remains debt-free and un-hedged with cash, bullion on hand, gold sales receivable and available-for-sale financial assets of US$212.6 million at 30 June 2015.
· Interim dividend of 0.97 cent per ordinary share versus an interim payment of 0.87 cent in 2014.
· Basic earnings per share of 1.65 cents; down 34% on Q1 2015.

Legal Developments in Egypt
· The Supreme Administrative Court appeal and Diesel Fuel Oil court case are both still on-going. Centamin is aware of the potential for the legal process in Egypt to be lengthy and it anticipates a number of hearings and adjournments before decisions are reached. Operations continue as normal and any enforcement of the Administrative Court decision has been suspended pending the appeal ruling.

Van Eck Associates Corporation > 12%

Updated Resource and Reserve Statement

Centamin is pleased to provide an update to its Mineral Resource and Mineral Reserve estimates for the Sukari Gold Mine, as at 30 June 2015, as outlined below.

Highlights
· Total Measured and Indicated Mineral Resource estimate of 13 million ounces (Moz) gold, is reported as an open pit resource at a 0.3g/t cut-off grade. This total is inclusive of the 1.0 Moz underground resource.
· Total combined open pit and underground Mineral Reserve estimate of 8.8 Moz, which is an increase of 7% from the previous 8.2 Moz at 30 September 2013. The increase is due to lower operating mining and processing costs associated with lower international fuel prices, and continued drilling from underground to move ounces up through the resource categories and increase the underground reserve.
· Open pit and surface stockpile reserve estimate of 8.3 Moz.
· Underground reserve estimate of 2.7 million tonnes (Mt) containing 0.5 Moz.
· Resource and reserve definition continues in parallel with expanding underground infrastructure, targeting higher grade areas.

StockMarketWire.com
Centamin output from its Sukari gold mine in Egypt rose to 105,413 ounces ion the three months to the end of September - 13% up on a year ago and in line with production in the previous three months.

Full year production guidance of between 430,000 and 440,000 ounces is maintained. Quarterly throughput at the process plant was 2,673kt, in line with Q2 2015 and with our previous forecast and again in excess of the 10Mtpa nameplate capacity. Open pit total material movement increased 5% on the previous quarter to 14,344kt with open pit ore production increasing significantly on Q2 2015 by 26% to 2,204kt. The run of mine ore stockpile balance decreased by 297kt to 1,030kt at the end of the period. The underground operation delivered 312kt of ore, an 11% increase on Q2 2015.

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Centamin plc Results for the Third Quarter and Nine Months Ended 30 September 2015

Centamin plc ("Centamin" or "the Company") and its subsidiaries (the "Group") (LSE: CEY, TSX: CEE) is pleased to announce its results for the third quarter ended 30 September 2015.

Operational Highlights(1),(2)
· Gold production of 105,413 ounces was in line with the second quarter and a 13% increase on Q3 2014.
· Cash cost of production of US$767 per ounce and all-in sustaining costs (AISC) of US$918 per ounce, versus US$706 per ounce and US$853 per ounce respectively in the previous quarter.
· 2015 production guidance of between 430,000 and 440,000 ounces. With higher anticipated fourth quarter production and our continued focus on cost control, we expect to achieve below the previously guided cash cost of production of US$700 per ounce and AISC of US$950 per ounce.
· Process plant throughput of 2.67Mt was 7% above the 10Mtpa nameplate capacity.
· Open pit mining rates and grades in line with forecast. Underground mine delivered 312kt of ore, an 11% increase on Q2 2015, at an average grade of 6.45g/t in line with the mining plan.
· Exploration drilling in Burkina Faso and Côte d'Ivoire has outlined mineralisation over a number of prospects, and has identified structurally controlled higher-grade zones.
· Updated Sukari Resource and Reserve estimate announced in September 2015. Total combined open pit and underground Mineral Reserve estimate of 8.8 Moz, up 7% from 8.2 Moz at 30 September 2013.

Financial Highlights(1),(2)
· EBITDA of US$31.3 million was down 16% on Q2 2015, with a 5% reduction in gold prices together with increased operating costs and an adverse movement in production inventory and ore stockpiles.
· Centamin remains debt-free and un-hedged with cash, bullion on hand, gold sales receivable and available-for-sale financial assets of US$216.1 million at 30 September 2015.
· Basic earnings per share of 0.55 cents; down 67% on Q2 2015 due to the factors affecting EBITDA and a 36% increase in depreciation and amortisation, following the reserve update at 30 June 2015 and a consequent increase in the amortisation charge for capitalised underground development.

Legal Developments in Egypt
· The Supreme Administrative Court appeal and Diesel Fuel Oil court case are both still on-going. Centamin is aware of the potential for the legal process in Egypt to be lengthy and it anticipates a number of hearings and adjournments before decisions are reached. Operations continue as normal and any enforcement of the Administrative Court decision has been suspended pending the appeal ruling.

Andrew Pardey, CEO of Centamin, commented: "Gold output from Sukari during the third quarter was comparable with both the first and second quarters and in line with our forecast for the period, with production continuing to build on the progressive ramp-up of the expanded operation. Plant productivity remained significantly above the 10Mtpa nameplate capacity and the ongoing process of optimisation is expected to deliver our base case rate of 11Mtpa during the fourth quarter. The underground mine has now delivered consecutive quarters at production rates significantly in excess of our annual forecast and at consistent grades of at least 6g/t, therefore demonstrating the potential for this part of the operation to sustain production in excess of our longer-term forecasts. Further development of the open pit has now set the stage to deliver the required tonnages at grades in the region of the reserve average from the fourth quarter onwards. Full year guidance is between 430,000 and 440,000 ounces at a cash cost of production of below US$700 per ounce and below the previously guided AISC of US$950 per ounce."

StockMarketWire.com
Centamin said preliminary total gold production for Q4 at the SUkari Gold Mine in Egypt was 117,644 oz, down 8% on the year. FY output was 439,072 oz, a 16% hike on 2014 and within guidance of 430,000-440,000 oz for 2015.

Open pit total material movement decreased 4% on the previous quarter to 13,754kt with open pit ore production increasing by 1% to 2,229kt. The run of mine ore stockpile balance decreased by 328kt to 704kt at the end of the period.

During the quarter an unfortunate incident occurred within the open pit operation, when a contractor's employee was involved in a rock collapse whilst relocating a grade control drill rig. The operator, and sole occupant of the drill rig, was fatally injured in the incident.

A full review of the relevant operating procedures has been completed, subsequent to which open pit mining rates have increased towards target levels.

The underground operation delivered 300kt of ore, a 4% decrease on Q3 2015.

Quarterly throughput at the process plant was 2,758kt, a 3% increase on the previous quarter and in line with our target rate of 11 million tonnes per annum (Mtpa).

Investec today reaffirms its buy investment rating on Centamin PLC (LON:CEY) and raised its price target to 76p (from 66p).

Suspect broker targets might be adjusted upwards if gold becomes a safe haven for investors.

Three and a half year high @90.35p.

Looking at the 5 year chart and assuming sentiment doesn't change, 100p looks very likely, imo.