Centamin plc

10:35 AM EST - Centamin plc : Reported that gold production for October and November combined was above 90,000 ounces. While being solid production months, this was slightly below forecast. The December mine plan forecasted higher grade from both the underground and the open pit, which would have balanced the quarterly shortfall. However, lower than expected underground grade delivered in December thus far indicates gold poured for Q4 between 135,000 to 140,000 ounces, resulting in annual production from the Sukari Gold Mine of up to 2% below full year 2018 guidance of 480,000 ounces. Cash cost of production will be towards the top end of the previously guided range of $625 U.S. to $640 U.S. per ounce produced and an all-in-sustaining cost will be approximately $900 U.S. per ounce sold. Centamin plc shares T.CEE are trading down $0.01 at $1.87.