Centamin is pleased to announce that with the completion of construction of Stage 4 it intends to commence dividend payments to its shareholders during the current financial year. The maiden interim dividend will be announced at the time of the Company's forthcoming interim results, with the amount to be determined at the discretion of the Board [...]
Centamin is pleased to announce its results for the three months ended 31 March 2014. HIGHLIGHTS: Production: Gold production 74,241 ounces, 19% lower quarter-on-quarter and 15% lower on the prior year period. Production guidance for 2014 remains unchanged at 420,000 ounces at a cash cost of production of US$700 per ounce. Commissioning of the [...]
Centamin has applied for a further tranche of 2,980,494 ordinary shares to be admitted to trading. The Company has made the application to the Financial Conduct Authority for admission to the Official List and to the London Stock Exchange plc for admission to trading of this tranche on 2 May 2014. This relates to the final tranche of shares to be [...]
Centamin notes that a new law, numbered 32 of 2014, came into effect in Egypt yesterday. The Company understands, based on legal advice, that the new law will restrict the capacity for third parties to challenge any contractual agreement between the Egyptian government and an investor. Furthermore, the new law appears to cover all currently pending [...]
Centamin announces that Trevor Schultz will resign as an executive director and be appointed as a non-executive director of the Company with effect from 1 May 2014. The resignation as executive director and appointment as non-executive director coincides with the successful completion of the construction of the Stage 4 expansion and hand over to [...]
Centamin is pleased to announce preliminary production results from its Sukari Gold Mine in Egypt for the quarter ended 31 March 2014. Total gold production for the quarter was 74,241 ounces, a 14% decrease on the corresponding quarter in 2013 and 19% lower than Q4 2013. Although gold production was affected by a temporary reduction in the [...]
Centamin has applied for a further tranche of 9,578,546 ordinary shares to be admitted to trading. The Company has made the application to the Financial Conduct Authority for admission to the Official List and to the London Stock Exchange plc for admission to trading of this tranche on 1 April 2014. This relates to the number of Ampella Mining [...]
Centamin remains in a robust position to continue delivering on its track record of production growth and solid cash flow generation during 2014 and beyond, as demonstrated by the following highlights: Full year production was 356,943, a 36% increase on 2012 and above guidance of 320,000 ounces. Cash costs of production of US$663 per ounce. Record [...]
Centamin plc Subsequent to the application made on 27 February 2014 for the block listing of 50,860,577 ordinary shares, Centamin has applied for the shares to be admitted to trading in tranches, with a first tranche of 38,151,563 ordinary shares. The Company has made the application to the Financial Conduct Authority for admission to the Official [...]
Further to the announcements of 10 December 2013 and 13 January 2014, Centamin declared, on 20 February 2014, that its off-market takeover offer for Ampella was free from all defeating conditions pursuant to a notice filed on the Australian Stock Exchange and ASIC. Accordingly, the offer is now unconditional. As at 7.00pm (Sydney time) on 24 [...]
Market Update - Form 43-101F1 Technical Report Further to the Resource and Reserve Announcement made on 18 December 2013, a copy of the Form 43-101F1 Technical Report dated 30 January 2014 was filed on SEDAR at www.sedar.com on 31 January 2014. A copy of the Technical Report can be found on the Company's website at www.centamin.com.
Centamin is pleased to advise forecast production for the year 2014 from the Sukari Gold Mine of 420,000 gold ounces at a cash operating cost of US$700 per ounce. This would represent an 18% increase on 2013 production of 356,943 ounces and would become the fifth successive year of output growth at Sukari. The Stage 4 expansion project is currently [...]
