Centamin Plc Gold production for October and November combined was above 90,000 ounces. While being solid production months, this was slightly below forecast. The December mine plan forecasted higher grade from both the underground and the open pit, which would have balanced the quarterly shortfall. However, lower than expected underground grade [...]
Financial Highlights Q3 2018 compared with Q2 2018 Sukari Gold Mine produced 117,720 ounces, a 27% improvement on the second quarter QoQ, resulting from month on month operational improvements in the open pit and underground; Gold sales of 106,798 ounces, a 9% increase QoQ. The increased difference between gold produced and gold sold is due to the [...]
Perth, Australia - Centamin announces preliminary production results for the third quarter ended 30 September 2018 from its Sukari Gold Mine in Egypt. Quarter on quarter comparative Year on year comparative units Q3 2018 Q2 2018 % change Q3 2018 Q3 2017 % change Safety Sukari LTIFR 200,000 hours 0.14 0 0.14 0 Open pit [...]
Centamin are hosting a site visit at the Sukari Gold Mine in Egypt, from the 4-5 September 2018. During the visit a presentation will be given by senior management. The presentation is available on the Company website, www.centamin.com/investors/presentations/2018. Centamin Plc Andrew Pardey, Chief Executive Officer Alexandra Carse, Investor [...]
Centamin is pleased to announce that Professor Ibrahim Fawzy has been appointed as an independent Non-Executive Director with immediate effect. Dr Fawzy has over 50 years of Egyptian industry, economic and investment experience. As a mechanical engineer, obtaining his PhD from University College, London, Dr Fawzy held the key position of Minister [...]
Perth, Australia - Financial Highlights Six Months , ended 30 June 2018 Revenue of US$296.4 million, a 2% increase compared to H1 2017 ; Gold sales of 228,672 ounces, a 3% decrease YoY. Average realised gold price of US$1,316 per ounce approximately 7% increase YoY; EBITDA of US$129.7 million, a 16% increase YoY; The Group has changed its [...]
Perth, Australia - Centamin announces preliminary production results for the second quarter and six months ended 30 June 2018 from its Sukari Gold Mine in Egypt. 3 months ended 30 June 6 months ended 30 June units Q2 2018 Q2 2017 H1 2018 H1 2017 Safety Group LTIFR 200,000 hours 0.00 0.00 0.06 0.26 Open pit mining [...]
Perth, Australia - The Centamin Board of Directors, supported by the Remuneration Committee and Korn Ferry Hay Group, the Company's recently appointed specialist independent remuneration advisors, have commenced a full review of the current remuneration policy. The objective is to ensure the policy supports the corporate strategy, takes due account [...]
Perth, Australia - Centamin today announces the publication of its updated corporate presentation on the Company's website www.centamin.com/investors/presentations/2018, following the recent production update made on 25 May 2018. The Company will publish preliminary production results for the quarter ending 30 June 2018 on 9 July 2018. For more [...]
Perth, Australia - In accordance with FCA Disclosure and Transparency Rule 5.6.1, as at 31 May 2018, the Company's total issued share capital comprises of 1,154,722,984 ordinary shares of no par value, each carrying one vote. The Company does not currently hold any shares in treasury. Therefore, the total number of voting rights in the Company is [...]
Centamin today announces the following production update from its Sukari Gold Mine. Open Pit Open pit total tonnage mined continues to be ahead of schedule. As mining progresses through the low grade transitional zone of Stage 4A, grades continued to be below budget. The additional oxide material has been short hauled to the new dump leach pad [...]
Revenue for the quarter was US$172.5 million, a 23% increase compared to Q1 2017 and a 9% decrease compared to Q4 2017 . Gold sales were 131,045 ounces, a 14% increase YoY and a 15% decrease QoQ. Average realised gold price of US$1,328 per ounce up approximately 9% YoY and 7% QoQ; · EBITDA of US$91.0 million, a 71% increase YoY and [...]
