Centamin bounces back as gold exports resume

Centamin (CEY) shares rebounded strongly on Monday morning as the miner announced the resumption of gold exports from Egypt.

The company said the halt by customs authorities on gold exports from the Sukari mine in the Middle-Eastern country had been lifted and the first shipment made on Sunday.

It was also implied that the dispute concerning fuel supply had been resolved, meaning operations at Sukari can be restarted in the "coming days".

Centamin has been hit by a series of incidents in recent months that have seen its Egyptian operations seriously hindered.

Last week, the firm revealed that a local fuel supplier had hit it with a $65 million (

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