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Investors bail as Centamin drops guidance

More than 10% guidance cut after underground and openpit grades fail to improve

Staff reporter
The openpit transition programme is not delivering the expected grades

The openpit transition programme is not delivering the expected grades

The miner has cut its 2018 production guidance to 505,000-515,000 ounces of gold, a 12% drop from the previous forecast's midpoint, and upped the expected all-in sustaining cost per ounce for the year...

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