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Mining company Centamin reported a decline in annual production that was in-line with guidance.
For 2021, gold production fell 8% to 415,370 ounces, which was in line with the guidance range of 400,000 to 430,000.
Annual revenue fell 12% as lower production and higher costs offset a rise in gold prices.
Annual gold sales were 407,252 ounces at an average realised gold price of US$1,797 per ounce sold.
Looking ahead, the company left its 2022 production unchanged at 430,000 to 460,000 ounces.