Centamin’s post-tax profits rise 13% to US$173mln
Centamin has been an established producer of gold in Egypt for some years now
Company
Centamin PLC
TSE:CEE
Centamin PLC's flagship asset is the Sukari Gold Mine, 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 over 5 million ounces of gold, and today has a projected mine life of 14 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 over 3,000km 2 of highly prospective exploration ground in Egypt's Arabian Nubian Shield.
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Centamin Egypt declares interim dividend, after first quarter gold production of 125,000 ounces
Centamin will defer some capex projects until the coronavirus crisis is over
Martin Horgan appointed new chief executive of Centamin Egypt
Centamin is Egypt's largest gold miner, with a strong track record of production
Centamin sees Q4 gold production jump 51% as it continues takeover battle with Endeavour Mining
Gold production for 2019 was 480,529 ounces, a 2% improvement year-on-year, while estimates for the coming year are between 510,000-540,000 ounces
Centamin tweaks board after rejecting takeover approach
Analysts at RBC said: "We hope that a fresh perspective could help encourage CEY’s board to engage with Endeavour around the recent potential for an all-share offer"
Centamin management unanimously rejects takeover approach from Endeavour Mining
The Egypt-focused gold miner said it believed the £1.44bn merger is “skewed in favour of Endeavour’s shareholders and fundamentally undervalues Centamin”
Archive
Today's Market View - Centamin, Bluejay Mining, Firestone Diamonds and more...
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Sirius Minerals: Could bid for gold digger Centamin pave the way for rescue of potash miner?
Analysts have said the Yorkshire miner could be vulnerable to an international takeover following its failed fundraising in August
Centamin expects strong final results despite weak third quarter performance
The Egyptian gold miner said “strong” free cash generation will be driven by improved gold sales and reduced costs
Centamin boss retires as gold miner misses production target
The gold miner warned that production for the first nine months of 2019 is lower than expected at 331-332,000 ounces
Centamin eyes production upside in second half
"The outlook for the business continues to improve,” said chief executive Andrew Pardey.
Investments and investor services
FTSE 100 closes higher again as bullish sentiment continues
Footsie closed around 50 points higher at 7,609 on Wednesday
Investments and investor services
FTSE 100 closes higher as global markets buoyed by Fed's hint on rates
Carnival and Evra were the two big fallers among Footsie constituents
Investments and investor services
FTSE 100 closes higher despite continued trade worries
The UK's blue-chip benchmark added over 23 points to close at 7,184
Centamin gold production outshines tough predictions
Management promises to publish a three-year outlook next quarter
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FTSE 100 closes in the red as resource stocks come off the boil
After hitting a six-month high on Tuesday afternoon, London's blue-chips took a step back on Wednesday
FTSE 100 closes lower as Brexit is talk of the town
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
Centamin shares dive on poor operational and financial results
Grades dropped from both the underground and open pit mining operations