The 2,721 sq km-Doropo licence remains largely under-explored with numerous targets identified, which presentssignificant resource upside potential, the miner said.
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The company produced 472,418 ounces of gold at its Egypt-based Sukari mine last year, compared to 544,658 ounces in 2017, due to disruptions and lower grades at the operation.
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Josef El-Raghy had moved from executive chairman to chairman, as the search for a successor continues.
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