Centamine

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Centamin plc

logo
legal form Corporation
ISIN JE00B5TT1872
founding 1970
Seat jerseyjersey jersey
sales $ 472.6 million
Branch Gold mining
Website http://www.centamin.com
Status: 2014

Centamin plc is a public company that primarily operates gold mining on the Arab-Nubian shield . The company is legally registered on the British Channel Island of Jersey , the administrative headquarters are in Mount Pleasant (Western Australia ). Additional offices exist in London ( United Kingdom ) and Alexandria ( Egypt ). The company is listed on the London Stock Exchange and Toronto Stock Exchange and is part of the FTSE 250 Index .

history

Centamin was first listed on the Australian Stock Exchange in 1970 . In 1999 the company acquired Pharaoh Gold Mines, which had been searching for gold in Egypt since 1995. After the takeover, the name was changed to "Centamin Egypt". The company was granted exploration rights in 2005 for a 160 square kilometer area in the eastern desert of Egypt that became known as the Sukari Gold Project. Two years later, in 2007, the company's shares were also listed on the Toronto Stock Exchange to raise funds to build the mine. The first gold was mined in June 2009, so-called continuous commercial production started in 2010. In November 2009 the company moved to the London Stock Exchange and was listed on the Australian Stock Exchange in 2010.
In 2011 Centamin moved its headquarters to the Channel Island of Jersey and changed the official company name to "Centamin plc".

production

The company operates the Sukari gold mine in the eastern desert of Egypt approx. 700 km from Cairo and approx. 25 km from the Red Sea . Sukari is the first modern gold mine in Egypt, a country that was important as a gold producer in ancient times.
Gold production in troy ounces from 2010 to 2019 amounted to

year 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Funded amount 150.289 202.699 262,828 356.943 377.261 439,072 551.035 554,659 472,418 480,528

Source: Centamin annual reports 2010–2019

Individual evidence

  1. a b c Centamin Egypt - 12 million ounces of gold and rising ( Memento of the original dated December 2, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Proactive Investors, August 29, 2008  @1@ 2Template: Webachiv / IABot / www.proactiveinvestors.co.uk
  2. ^ A b Centamin Egypt on track for imminent production Daily Telegraph , April 7, 2009
  3. Aim's winners and losers Investors Chronicle, June 18, 2010
  4. Centamin starts Egypt gold exports Daily Telegraph, January 11, 2010
  5. Centamin Egypt plans to redomicile to Jersey Egypt Independent
  6. Further key figures on Centamin. Retrieved June 3, 2020 .