Centamin is a gold mining and exploration company, whose main operating asset is the Sukari gold mine in Egypt. In addition to Sukari, Centamin holds exploration licences (EDX) in Egypt’s Eastern Desert and has the Doropo and Archean-Birimian Contact (ABC) gold projects in Côte d’Ivoire. Centamin is wholly owned by AngloGold Ashanti plc.

History

Centamin was first listed on the then

Australian Stock Exchange Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, ...

in 1970. In 1999, it acquired Pharaoh Gold Mines, a company that had been exploring for gold in

Egypt Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northe ...

since 1995, and became "Centamin Egypt". The company was granted a 160 square kilometre exploitation lease over the Sukari Gold Project in the eastern desert of Egypt in 2005. A listing was secured on the

Toronto Stock Exchange The Toronto Stock Exchange (TSX; ) is a stock exchange located in Toronto, Ontario, Canada. It is the List of stock exchanges, 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...

in 2007 to raise funding for production, with first gold poured in June 2009. The Company moved to a full listing on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

in November 2009, and was delisted from the Australian Stock Exchange in 2010. In 2011, it redomiciled to Jersey and changed its name to Centamin plc. In November 2024, Centamin plc was acquired by AngloGold Ashanti plc and now forms part of AngloGold Ashanti’s diverse portfolio of global operations.

Operations

The company operates the Sukari Gold Mine in the

Eastern Desert The Eastern Desert (known archaically as Arabia or the Arabian Desert) is the part of the Sahara Desert that is located east of the Nile River. It spans of northeastern Africa and is bordered by the Gulf of Suez and the Red Sea to the east, a ...

, some 700 km from Cairo and 25 km from the Red Sea. First gold was poured at Sukari in June 2009 and commercial production began on 1 April 2010, making Sukari the first modern gold mine in Egypt, a country which in ancient times was a prolific producer of the precious metal.

References

External links

Official site
{{Authority control Companies listed on the Toronto Stock Exchange Non-renewable resource companies established in 1970 Companies based in Perth, Western Australia Gold mining companies of Australia Companies listed on the London Stock Exchange 1970 establishments in Australia