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Centamin PLC (CEY.L)

CEY.L on London Stock Exchange

118.20GBp
15 Jun 2018
Change (% chg)

-1.30 (-1.09%)
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Latest Key Developments (Source: Significant Developments)

Centamin's Remuneration Policy Fails To Get Shareholder Approval At General Meeting
Monday, 26 Mar 2018 

March 26 (Reuters) - Centamin Plc ::52.01 PERCENT VOTES CAST AT AGM AGAINST APPROVAL OF CO'S ‍REMUNERATION POLICY.  Full Article

Centamin Says FY Pretax Profit Fell 16 Pct
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Centamin Plc ::FY PRETAX PROFIT FELL 16 PERCENT TO 224.1 MILLION USD.FY REVENUE FELL 2 PERCENT TO 676 MILLION USD.FINAL DIVIDEND 0.10 USDPER SHARE.TOTAL DIVIDEND 0.125 USDPER SHARE.FY EBITDA DECREASED BY 13% TO US$326 MILLION.‍FULL YEAR GOLD PRODUCTION WAS 544,658 OUNCES, ABOVE GUIDANCE OF 540,000 OUNCES AND 1% DECREASE YEAR ON YEAR​.FY EARNINGS PER SHARE AFTER PROFIT SHARE OF 9.51 US CENTS.‍FORECAST GOLD PRODUCTION FOR 2018 IS 580,000 OUNCES, A 6.5% INCREASE ON 2017 ACTUAL PRODUCTION​.‍FORECAST CASH COST OF PRODUCTION FOR 2018 OF US$555 PER OUNCE AND ALL-IN-SUSTAINING COST OF US$770 PER OUNCE​.‍2018 CAPITAL EXPENDITURE OF US$135 MILLION INCLUDING US$37.5 MILLION FOR NON-SUSTAINING EXPLORATION​.  Full Article

Centamin Announces Retirement Of Executive Chairman​ Josef El-Raghy
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Centamin Plc ::‍APPOINTMENT OF ROSS JERRARD, CURRENT CFO, TO BOARD EFFECTIVE FEB 5 .TO ‍ANNOUNCE SUCCESSOR TO EXECUTIVE CHAIRMAN​ EL-RAGHY BY END OF JUNE 2018 .‍RETIREMENT OF JOSEF EL-RAGHY, EXECUTIVE CHAIRMAN​.‍JOSEF HAS INFORMED BOARD THAT HE INTENDS TO RETIRE AS EXECUTIVE CHAIRMAN BY END OF 2018​.  Full Article

Centamin Says 2017 Gold Production Beats Guidance
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Centamin Plc ::CENTAMIN PLC - ‍2017 FULL YEAR GOLD PRODUCTION WAS 544,658 OUNCES, ABOVE GUIDANCE OF 540,000 OUNCES​.CENTAMIN PLC - ‍GOLD PRODUCTION FOR Q4 2017 WAS 154,298 OUNCES, A 1.4% REDUCTION QUARTER ON QUARTER ("QOQ") AND A 12.8% INCREASE YEAR ON YEAR​.CENTAMIN - ‍GOLD PRODUCTION GUIDANCE FOR 2018 FROM SUKARI IS 580,000 OUNCES.CENTAMIN PLC - ‍FORECAST CASH COST OF PRODUCTION FOR 2018 OF US$555 PER OUNCE AND ALL-IN-SUSTAINING COST OF US$770 PER OUNCE​.  Full Article

Centamin says Q3 pretax profit $75.5 million vs $93.7 mln yr ago
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Centamin Plc ::Q3 PRETAX PROFIT 75.5 MILLION USD VERSUS 93.7 MILLION USD YEAR AGO.CENTAMIN PLC - Q3 ‍RECORD QUARTERLY GOLD PRODUCTION OF 156,533 OUNCES WAS A 26% INCREASE ON Q2 2017 AND 5% HIGHER THAN Q3 2016.​.CENTAMIN - ‍Q3 2017 CASH COST OF PRODUCTION AND AISC IN UNIT CASH COST OF PRODUCTION OF US$483 PER OUNCE PRODUCED AND UNIT AISC OF US$732 PER OUNCE SOLD​.‍FULL YEAR 2017 GUIDANCE MAINTAINED AT 540,000 OUNCES, WITH US$580 PER OUNCE CASH COST OF PRODUCTION AND US$790 PER OUNCE AISC​.CENTAMIN PLC - Q3 ‍QUARTERLY THROUGHPUT OF 3.0 MILLION TONNES FROM SUKARI PROCESS PLANT, A SLIGHT DECREASE OF 2% ON Q2 2017 AND AN INCREASE OF 7% ON Q3 2016 PERFORMANCE​.‍Q3 2017 EBITDA OF US$103.6 MILLION UP 57% FROM Q2 2017 DUE TO AN INCREASE IN BOTH SALES VOLUMES AND AVERAGE REALISED GOLD PRICE​.‍STRONG CASH FLOW GENERATION WITH FREE CASH FLOW GENERATION OF US$45 MILLION IN Q3, US$96 MILLION YEAR TO DATE​.CENTAMIN PLC - Q3 BASIC EARNINGS PER SHARE (AFTER PROFIT SHARE) OF 3.41 US CENTS, AN INCREASE FROM 1.10 US CENTS IN Q2 2017​.‍Q3 GOLD PRODUCTION FROM SUKARI OF 156,533 OUNCES WAS A 26% INCREASE ON Q2 2017​.  Full Article

Centamin maintains 2017 production guidance of 540,000 ounces​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Centamin Plc :‍Q3 2017 PRELIMINARY PRODUCTION RESULTS​.‍TOTAL GOLD PRODUCTION FOR QUARTER OF 156,533 OUNCES, A 26% INCREASE ON PREVIOUS QUARTER AND 5% HIGHER THAN Q3 2016​.‍COMPANY MAINTAINS ITS 2017 PRODUCTION GUIDANCE OF 540,000 OUNCES​.‍QUARTERLY THROUGHPUT RATE OF 2,996KT AT PROCESS PLANT, A 2% DECREASE ON PREVIOUS QUARTER​.Q3 ‍OPEN PIT TOTAL MATERIAL MOVEMENT INCREASED BY 6% ON PREVIOUS QUARTER TO 18,602KT​.‍RUN OF MINE ORE STOCKPILE BALANCE INCREASED BY 899KT TO 1,436KT AT END OF PERIOD​.‍UNDERGROUND OPERATION DELIVERED 302KT OF ORE AT AN AVERAGE MINED GRADE OF 7.98G/T IN Q3​.‍ORE FROM STOPING WAS 189KT AT 8.21 G/T AND ORE FROM DEVELOPMENT WAS 113KT AT 7.57G/T IN Q3​.  Full Article

Centamin sees 2016 annual production between 520,000-540,000 ounces
Wednesday, 10 Aug 2016 

Centamin Plc : Interim dividend 0.02 usdper share . Sees 2016 annual production guidance of between 520,000 and 540,000 (previously 470,000) ounces . Q2 gold production of 140,306 ounces was a 12% increase on q1 2016 and 30% higher than q2 2015 . Sees fy cash cost of production of between us$530 and us$550 (previously us$680) per ounce .Q2 ebitda of us$101.6 million was up 51% on q1 2016.  Full Article

Centamin says Q2 preliminary gold production up 12 pct
Thursday, 7 Jul 2016 

Centamin Plc : Q2 2016 preliminary production results . Preliminary total gold production for quarter was 140,306 ounces, a 12 pct increase on previous quarter and a 30 pct increase on Q2 2015 . Quarterly throughput at process plant was 2,929, a 2 pct increase on previous quarter . Annualised throughput exceeds our base case target rate of 11 mln tonnes per annum (mtpa). . Open pit total material movement (ore + waste) decreased 1 pct on previous quarter to 15,080kt . Open pit ore production increased by 42 pct to 3,425kt at an average mined grade of 0.90g/t of gold . Average head grade to plant from open pit was 0.99g/t. . Run of mine ore stockpile balance increased by 521kt to 1,012kt at end of period . Productivity remained above our forecast rate of 1 mln tonnes per annum at 6g/t . Full year 2016 production and cost guidance will be updated with Q2 financial report .Sukari operation has continued to build on strong start to year, with total first half production of 265,574 ounces of gold.  Full Article