Centamin owns it in a joint venture with the Egyptian government. It played down the court's decision and said in a statement that it "notes media reports … that its Concession Agreement to extract gold from the Sukari mine has been annulled," and added: "Comments reportedly made by an Egyptian administrative court have given rise to speculation that parts of the Concession Agreement may have, in fact, been suspended. However, at this time, no details of a final decision are available and no written judgment has been given."