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Centamin PLC (CEY.L)

CEY.L on London Stock Exchange

144.00GBp
15 Dec 2017
Change (% chg)

0.60 (+0.42%)
Prev Close
143.40
Open
143.00
Day's High
144.40
Day's Low
142.70
Volume
1,059,448
Avg. Vol
6,413,826
52-wk High
193.90
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114.60

Latest Key Developments (Source: Significant Developments)

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

Centamin PLC maintains FY 2016 production guidance
Tuesday, 3 May 2016 

Centamin PLC:Maintains FY 2016 Production guidance of 450,000 - 500,000 ounces.  Full Article

Centamin Q2 pretax profit nearly halves on lower gold output

Aug 3 Centamin, the operator of Egypt's only commercial gold mine, said its second-quarter pretax profit almost halved due to lower gold production and higher costs.