Egypt stops Centamin gold shipment because not approved-agency

January 2, 2013

CAIRO, Jan 2 (Reuters) - Egyptian customs have stopped a

Centamin shipment of gold held at Cairo airport from

being exported because it did not obtain approval from the

ministry of petroleum, a customs official told the state news

agency MENA on Wednesday.

"The Customs Authority has not allowed Centamin Egypt to

export a gold shipment extracted from Sukari mine because it did

not obtain an export permit from the ministry of petroleum," the

official told MENA.

The customs authority was not immediately available for


MENA cited online sites as saying Centamin has filed a

complaint to Egypt's prime minister against what it called "the

intransigence of officials at the customs authority" and that

the shipment has been blocked from being exported since Dec. 18.