| CENTAMIN EGYPT LIMITED (Toronto:CEE.TO) Delayed quote data |  |
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0.10 (3.18%)| House Positions for C:CEE from 20101111 to 20101111 |
| House | Bought | $Val | Ave | Sold | $Val | Ave | Net | $Net |
| 7 TD Sec | 41,300 | 126,348 | 3.059 | 200 | 610 | 3.05 | 41,100 | -125,738 |
| 79 CIBC | 44,900 | 137,065 | 3.053 | 19,700 | 60,196 | 3.056 | 25,200 | -76,869 |
| 33 Canaccord | 25,500 | 77,825 | 3.052 | 5,000 | 15,200 | 3.04 | 20,500 | -62,625 |
| 1 Anonymous | 29,700 | 91,120 | 3.068 | 10,600 | 32,235 | 3.041 | 19,100 | -58,885 |
| 5 Penson | 9,100 | 27,729 | 3.047 | 0 | 9,100 | -27,729 | ||
| 9 BMO Nesbitt | 10,100 | 30,875 | 3.057 | 2,400 | 7,346 | 3.061 | 7,700 | -23,529 |
| 123 Citigroup | 5,900 | 17,994 | 3.05 | 0 | 5,900 | -17,994 | ||
| 80 National Bank | 8,500 | 25,947 | 3.053 | 3,300 | 10,086 | 3.056 | 5,200 | -15,861 |
| 85 Scotia | 4,500 | 13,762 | 3.058 | 0 | 4,500 | -13,762 | ||
| 64 Octagon | 2,500 | 7,600 | 3.04 | 0 | 2,500 | -7,600 | ||
| 19 Desjardins | 1,000 | 3,070 | 3.07 | 0 | 1,000 | -3,070 | ||
| 99 Jitney | 1,400 | 4,282 | 3.059 | 600 | 1,836 | 3.06 | 800 | -2,446 |
| 36 Latimer | 500 | 1,535 | 3.07 | 0 | 500 | -1,535 | ||
| 83 Mackie | 83 | 252 | 3.036 | 73 | 222 | 3.041 | 10 | -30 |
| 101 Newedge | 0 | 2,600 | 7,930 | 3.05 | -2,600 | 7,930 | ||
| 74 GMP | 0 | 16,700 | 50,935 | 3.05 | -16,700 | 50,935 | ||
| 13 Instinet | 0 | 18,000 | 55,193 | 3.066 | -18,000 | 55,193 | ||
| 2 RBC | 5,473 | 16,710 | 3.053 | 111,283 | 340,325 | 3.058 | -105,810 | 323,615 |
| TOTAL | 190,456 | 582,114 | 3.056 | 190,456 | 582,114 | 3.056 | 0 | 0 |
CEE.TO - Centamin Egypt Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 11/08/10 | 2.950 | 3.100 | 2.940 | 3.080 | +0.240 | 4373416 | +8.45% |
| 11/05/10 | 2.840 | 2.930 | 2.810 | 2.840 | +0.040 | 3374663 | +1.43% |
| 11/04/10 | 2.800 | 2.820 | 2.760 | 2.800 | +0.050 | 3077672 | +1.82% |
| 11/03/10 | 2.690 | 2.790 | 2.650 | 2.750 | -0.040 | 3674674 | -1.43% |
| 11/02/10 | 2.810 | 2.820 | 2.760 | 2.790 | -0.040 | 1223892 | -1.41% |
| -- Period -- | -- High -- | -- Low -- | -- Percent Change -- | |||
| 5-Day | 3.100 | on 11/08/10 | 2.650 | on 11/03/10 | +8.83% | since 11/01/10 |
| 1-Month | 3.100 | on 11/08/10 | 2.650 | on 11/03/10 | +12.00% | since 10/08/10 |
| 3-Month | 3.110 | on 09/20/10 | 2.480 | on 09/14/10 | +11.59% | since 08/06/10 |
| 6-Month | 3.110 | on 09/20/10 | 2.020 | on 05/21/10 | +32.76% | since 05/07/10 |
| 12-Month | 3.110 | on 09/20/10 | 1.800 | on 02/24/10 | +28.33% | since 11/06/09 |
| Year to Date | 3.110 | on 09/20/10 | 1.800 | on 02/24/10 | +48.08% | since 12/31/09 |
| For The Last | Made New High | Percent From | Made New Low | Percent From |
| 5-Day | 4 time(s) | -0.65% | 2 time(s) | +16.23% |
| 1-Month | 3 time(s) | -0.65% | 3 time(s) | +16.23% |
| 3-Month | 11 time(s) | -0.96% | 4 time(s) | +24.19% |
| 6-Month | 17 time(s) | -0.96% | 5 time(s) | +52.48% |
| 12-Month | 15 time(s) | -0.96% | 19 time(s) | +71.11% |
| Year to Date | 21 time(s) | -0.96% | 14 time(s) | +71.11% |
Technically Its Going To Run Again Its Bouncing Off The Bottom Bollinger BandCEE.TO - Centamin Egypt Npv (TSX)
| Date | Open | High | Low | Last | Change | Volume | % Change |
| 11/08/10 | 2.9500 | 3.1000 | 2.9400 | 3.0800 | +0.2400 | 4373416 | +8.45% |
| Composite Indicator | -- Signal -- | -- Strength -- | -- Direction -- |
| Trend Spotter (TM) | Buy | Strong | Strongest |
| Short Term Indicators | |||
| 7 Day Average Directional Indicator | Buy | Strong | Strongest |
| 10 - 8 Day Moving Average Hilo Channel | Buy | Maximum | Strongest |
| 20 Day Moving Average vs Price | Buy | Maximum | Strongest |
| 20 - 50 Day MACD Oscillator | Sell | Minimum | Weakest |
| 20 Day Bollinger Bands | Buy | Maximum | Strongest |
| Short Term Indicators Average: | 60% - Buy | ||
| Medium Term Indicators | |||
| 40 Day Commodity Channel Index | Buy | Average | Strongest |
| 50 Day Moving Average vs Price | Buy | Strong | Strongest |
| 20 - 100 Day MACD Oscillator | Buy | Weak | Strongest |
| 50 Day Parabolic Time/Price | Buy | Strong | Strongest |
| Medium Term Indicators Average: | 100% - Buy | ||
| Long Term Indicators | |||
| 60 Day Commodity Channel Index | Buy | Maximum | Strongest |
| 100 Day Moving Average vs Price | Buy | Strong | Strongest |
| 50 - 100 Day MACD Oscillator | Buy | Strong | Weakest |
| Long Term Indicators Average: | 100% - Buy | ||
| Overall Average: | 88% - Buy | ||
JOHANNESBURG (miningweekly.com) – Egyptian gold-miner Centamin’s production for the third quarter of the year remained flat at 30 243 oz, owing to continued failures with the semiautogenous grinding (SAG) mill liners at its Sukari mine during the quarter.
The company produced 30 236 oz in the second quarter.
“These issues we believe will be resolved, with the recent installation of steel liners and lifters in the SAG mill. With improved mill availability and an increasing grade profile, we are confident that [the fourth quarter] will deliver considerably more ounces at lower cost than [the third quarter] and keep us on track to achieve our revised production guidance,” chairperson Josef El-Raghy said on Wednesday.
In September, Centamin revised its 2010 full-year output target to between 160 000 oz and 170 000 oz of gold, down from the previously anticipated 200 000 oz.
At the time, the London- and Toronto-listed company reported that intermittent SAG mill liner and lifter failures were affecting steady state production at the mine.
Upgrades to change the polymetallic liner and lifter system to steel had been completed in October.
The lower gold production had led to an increase in cash costs to $638/oz, compared with costs of $569/oz in the previous quarter.
Going forward, the gold miner expected its mining rates to increase, with the delivery of new mining vehicles to be delivered to the mine throughout the fourth quarter of this year and the first half of next year.
This formed part of Centamin’s plans to increase overall production at Sukari to 500 000 t/y of ore.
Underground decline development progressed by a further 854 m during the third quarter, with 2 278 m in total now completed.
Meanwhile, Sukari’s mineral reserves increased by 28% to 9,1-million ounces in the quarter, up from the previous estimates of 7,1-million ounces.
EXPANSION
Centamin’s expansion plans to increase mill throughput at the mine to five-million tons a year by the middle of 2011 also remained on track, with secondary crushing equipment to the mine to start in the fourth quarter.
Contracts for fabrication and construction works had also been awarded.
Mill throughput was expected to eventually reach ten-million tons a year by 2012, following further expansion work.
TORONTO, ONTARIO--(Marketwire - Nov. 9, 2010) - Centamin Egypt Limited (TSX:CEE)(LSE:CEY) wish to advise that the outcomes of each resolution put to the Company's members at the Annual General Meeting held on Tuesday, 09 November 2010, in the Bishopsgate & Chancery Rooms at The Andaz Hotel, Liverpool Street, London, United Kingdom at 11.30 am (London time) are set out below along with information required by section 251AA of the Corporations Act.
Ordinary Resolution 1.0 - Financial Statements and Reports
The Company's financial statements, the directors' report and the auditors' report for the year ended 30 June 2010, were tabled and considered.
Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 687,255,184 | 4,476,773 | 6,330,895 | 552,911 |
Ordinary Resolution 2.1 – Election of Mr Harry Michael
This resolution was passed without amendment by a show of hands. Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 691,371,544 | 2,380,481 | 6,967 | 552,911 |
Ordinary Resolution 2.2 – Re-Election of Professor G Robert Bowker
This resolution was passed without amendment by a show of hands. Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 691,920,902 | 1,513,906 | 324,184 | 552,911 |
Ordinary Resolution 2.3 – Re-Election of Mr Colin Cowden
This resolution was passed without amendment by a show of hands. Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 578,781,708 | 63,411,635 | 51,560,806 | 552,911 |
Ordinary Resolution 2.4 – Re-Election of Mr Josef El-Raghy
This resolution was passed without amendment by a show of hands. Instructions in respect of proxy votes were as follows.
| For | Against | Abstain | Proxy's Discretion |
| 679,476,827 | 6,200,276 | 8,078,046 | 552,911 |
Special Resolution 3.0 – Disapplication of Pre-Emption Rights
This resolution was passed by shareholders present without amendment by a show of hands. Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 556,411,416 | 85,626,909 | 51,716,824 | 552,911 |
Ordinary Resolution 4.0 – Adoption of the Loan Funded Share Plan 2010
The Chairman advised that the Company decided not to propose this resolution to the meeting. Since distributing the notice of meeting and details of the proposed Loan Funded Share Plan, the Directors have had discussions with a number of institutional shareholders and advisers in relation to the structure of the Plan. The response to the Plan has indicated that modifications will be desirable to bring the Plan more into line with United Kingdom corporate governance guidelines. The Directors will consider proposing a modified employee incentive plan at a future general meeting. Instructions in respect of proxy votes were as follows:
| For | Against | Abstain | Proxy's Discretion |
| 259,397,876 | 328,093,569 | 105,059,125 | 499,505 |
Yours sincerely
Heidi Brown, Company Secretary
09 November 2010
FOR FURTHER INFORMATION PLEASE CONTACT:
Josef El-Raghy Centamin Egypt Limited + 61 (8) 9316 2640 www.centamin.com
OR
Bobby Morse / Ben Willey Buchanan Communications Limited + 44 (0) 207 7466 5000
