09:45 AM EDT, 10/10/2017 (MT Newswires) -- Centamin (LON: CEY; CEE.TO) was at last look up more than 1% on the TSX after it announced Monday preliminary production results for the quarter ended 30 September 2017 from its Sukari Gold Mine in Egypt.

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A statement reported record total gold production for the quarter of 156,533 ounces, a 26% increase on the previous quarter and 5% higher than Q3 2016, the previous record quarter for Sukari. The company said it maintains its 2017 production guidance of 540,000 ounces.

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Centamin said it had quarterly throughput rate of 2,996kt at the process plant, a 2% decrease on the previous quarter. Also, it reported the open pit achieved record levels of both total material movement and ore production. Open pit total material movement (ore plus waste) increased by 6% on the previous quarter to 18,602kt. Open pit ore production increased by 58% to 4,825kt at an average mined grade of 0.76g/t. This included 1,229kt at 0.29g/t delivered to the dump leach pads. The average head grade to the plant from the open pit was 1.11g/t.

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The run of mine ore stockpile balance increased by 899kt to 1,436kt at the end of the period. And the underground operation delivered 302kt of ore at an average mined grade of 7.98g/t. Ore from stoping was 189kt at 8.21 g/t and ore from development was 113kt at 7.57g/t.

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