Centamin PLC

Centamin PLC

Mining

St Helier, Jersey 34,534 followers

From discovery to leading stakeholder returns - Centamin is Egypt's largest gold producer.

About us

Centamin is an established gold producer, with premium listings on both the London Stock Exchange and Toronto Stock Exchange. The Company’s flagship asset is the Sukari Gold Mine (“Sukari”), Egypt’s largest and first modern gold mine, as well as one of the world’s largest producing mines. Since production began in 2009 Sukari has produced circa 5 million ounces of gold, and today has a projected mine life of 12 years. Through its large portfolio of exploration assets in Egypt and West Africa, Centamin is advancing an active pipeline of future growth prospects, including the Doropo project in Côte d’Ivoire, and approximately 3,000km2 of highly prospective exploration ground in the Egypt’s Arabian Nubian Shield. Centamin practices responsible mining activities, recognising its responsibility to not only deliver operational and financial performance but to create lasting mutual benefit for all stakeholders through good corporate citizenship.

Industry
Mining
Company size
1,001-5,000 employees
Headquarters
St Helier, Jersey
Type
Public Company
Specialties
Gold Mining

Locations

Employees at Centamin PLC

Updates

  • View organization page for Centamin PLC, graphic

    34,534 followers

    It was an honour to host His Excellency, Karim Badawi, Minister of Petroleum and Mineral Resources this weekend. Our team gave him a tour of the Sukari gold mine, highlighting our approach to responsible mining as well as our ongoing commitment to the growth of the Egyptian mining industry.

    اجري المهندس كريم بدوي وزير البترول والثروة المعدنية جولة تفقدية لمتابعة سير العمل والإنتاج بمنجم السكري للذهب بالصحراء الشرقية بمدينة مرسي علم . و اكد بدوي على الجهود الجارية لزيادة الاستثمار في صناعة التعدين ، مشيراً إلي أهمية منجم السكرى كنموذج متطور للاستثمار التعدينى والحرص الكامل على تدعيم ما يحققه من نجاحات فى ظل جهود زيادة الإنتاج به واستخدامه تقنيات حديثة فى الاستكشاف الذى يسهم فى إطالة عمر الإنتاج من المنجم ، الذى تمكن من تحقيق إنتاج بلغ 8ر5 مليون أوقية منذ بدء الإنتاج. Today, Eng. Karim Badawi , Minister of Petroleum and Mineral Resources, visited Al Sukari gold mine at the Eastern Desert, Marsa ALam, to follow up the progress of work and production at the gold mine . During the visit, Badawi stressed the ongoing efforts to increase investment in the mining industry, pointing out the significance of Al Sukari mine as an advanced model for mining investment and the full keenness to support its successes in light of the efforts to increase production and use modern exploration technologies & methods, contributing to the life extension of the mine production, which has achieved a production of 5.8 million ounces since production start up . Centamin PLC SUKARI GOLD MINES

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
      +7
  • View organization page for Centamin PLC, graphic

    34,534 followers

    🎉Wishing our Ivorian colleagues, partners, and communities a happy Independence Day!🎉 We are proud to be working in Cote d’Ivoire. With the ongoing developments at the Doropo and ABC gold exploration projects we remain committed to generating positive contributions in country through our sustainable practices and long term investment and employment opportunities. #FêteNationale #cotedivoire #Centamin #Doropo #ABC #people

    • No alternative text description for this image
  • View organization page for Centamin PLC, graphic

    34,534 followers

    Today we announced our H1 2024 Results 🗣 Our CEO, @Martin Horgan said: “Our focus on operating performance has enabled us to take advantage of stronger gold prices to deliver improved EBITDA and a significant increase in free cash flow. Looking ahead to H2 2024, the commencement of the grid connection project will build on our recent success in taking costs out of the business, with commissioning due in H1 2025. At the same time, we are advancing the organic growth opportunities within our portfolio. The completion of the DFS at Doropo shows a very robust project; we are now well positioned to apply for a mining licence which we expect should be granted by the end of 2024, ahead of a final investment decision. Meanwhile, we are aggressively following up on the recent success at our Eastern Desert Exploration (“EDX”) project with the continued drill out of the Little Sukari discovery.” 👀 Announcement: https://loom.ly/utHEbtA 📺 Webcast recording: https://loom.ly/8yj6qn8 #Gold #Mining #Egypt #CoteDIvoire #Growth

    cey-rns-interims.pdf

    cey-rns-interims.pdf

    centamin.com

  • View organization page for Centamin PLC, graphic

    34,534 followers

    📣DOROPO DFS RESULTS📣 Today we announced positive results from the Definitive Feasibility Study (DFS) at the Doropo Gold Project in Côte d'Ivoire. The results demonstrate a robust project that meets Centamin's key criteria and outlines a strong production outlook that can accelerate the payback on investment. The study also underlines the potential for the project to contribute to a range of employment and investment opportunities in northeastern Côte d'Ivoire. Watch the video below to find out some key facts about the project 👇 You can read the full press release here: https://loom.ly/9FRtATI #CEY #Growth #Diversification #Gold #CotedIvoire

  • View organization page for Centamin PLC, graphic

    34,534 followers

    🤝 We are looking forward to seeing friends and partners at the Egypt Mining Forum in Cairo this week, as we come together to celebrate the increasing prominence of mining in Egypt. Over our 20 years of experience operating in Egypt, we have witnessed first-hand the growth of the industry as well as the many economic and social benefits that the sector has provided. We are thrilled to be the primary partner of the 2024 Egypt Mining Forum as we continue to explore untapped opportunities in and for the region. Our CEO Martin Horgan and Head of Exploration Howard Bills will be sharing insights on how to modernise Egypt’s mining industry, challenges and opportunities within the Arabian-Nubian shield as the next big exploration target, and opportunities within mining for Gen Z talent 👷♀️. If you are present at the Forum, please do take time to say hello and visit our stand. Read more about our involvement: https://loom.ly/kZ_tyA8 #EgyptMiningForum #Centamin #ResponsibleMining #Egypt

    centamin-sponsors-egypt-mining-forum-2024.pdf

    centamin-sponsors-egypt-mining-forum-2024.pdf

    centamin.com

  • View organization page for Centamin PLC, graphic

    34,534 followers

    📣 Ahead of the Egypt Mining Forum this week, our CEO, Martin Horgan sat down with Enterprise Egypt to discuss plans inside and outside of Egypt, prospects for Egypt’s mining sector, and broader gold market trends. Martin shares his perspectives on the opportunities and challenges of mining operations in Egypt, taking insights from 15 years of production at the Sukari Gold Mine and continuous exploration around new licenses. 🗣️ “There's a great road, power, and port network, there’s a fantastic wealth of human capital in terms of quality, and we think with this new [mining] code, there's real potential for Egypt to take off and start to have significant mining sector development over the coming decade.” Read the full article here: https://loom.ly/rr-3LeI #GoldMining #Egypt #SukariGoldMine #Centamin

    Enterprise — Essential business, finance and policy news from the Arab world

    Enterprise — Essential business, finance and policy news from the Arab world

    enterprise.news

  • View organization page for Centamin PLC, graphic

    34,534 followers

    🎤 “We are delivering on our plans and heading into a period of strong free cash flow… Centamin CEO Martin Horgan featured on the #LondonIndaba2024 stage yesterday, discussing the continuing relevance of gold and the changes that we are seeing in our industry. The panel covered the ever-evolving role of the gold industry, as well as touching on Centamin’s business model and how the Company continues to modernise and advance our industry through: ☀️ Solar investment to advance decarbonisation We are fortunate to have our operations located in Egypt, one of the world’s leading countries for solar investment. Centamin currently sources approximately 60% of daytime power needed at our Sukari gold project from solar, with near-term plans to reach 100%. This has currently replaced 22 million litres of diesel usage and delivered approximately $20m of annual cost savings. 👷♀️ Addressing gender inequality in the industry We are determined to represent the change we wish to see in our industry, by investing in and promoting opportunities for women to take on technical and leadership roles. 🤝Creating long-term growth through successful partnerships We share every dollar of profit in an equal 50/50 split with the Egyptian Government, creating a fair share of the financial reward from Sukari. Thank you to Martin and his fellow panellists for an interesting and thought-provoking discussion! #Centamin #LondonIndaba #GoldMining #Decarbonisation

  • View organization page for Centamin PLC, graphic

    34,534 followers

    Celebrating International Day of Women in Mining 2024 and their theme this year, "I Am Mining and I Belong" which honours the contributions of #WomeninMining and highlights the ongoing importance of inclusivity and empowerment within our industry. You can find more information and register for their event here: https://internationalwim/org/idwim/ We proudly affirm our commitment to diversity and equality. 💪🌍 #CEY #EmbraceEquity #IDWIM2024 #DiversityinMining

    • No alternative text description for this image

Similar pages