Centamin moves to reassure investors

18th Feb 2011 16:22

Egypt-focused miner Centamin Egypt has moved to reassure investors after its share price fell by more than 10%. Centamin says that its Sukari gold mine operations continue uninterrupted. Centamin adds that "there has been minimal reaction at Sukari to the wider political changes in Egypt".Centamin raised £86m at 167p a share at the end of 2010. The share price has fallen by more than one-fifth over the past month and it is more than 40p a share lower than the placing price.