View source for Centamin

{{Short description|Gold mining company}}
{{Use dmy dates|date=November 2019}}
{{Infobox company
| name = Centamin plc
| logo = Centamin new logo.png
| logo_size = 150px
| type = [[Public limited company]]
| ISIN = {{ISIN|sl=n|pl=y|GB00B033F229}}
| traded_as =  {{LSE|CEY}}<br/>{{TSX|CEE}}
| foundation = {{start date and age|1970}}
| location = [[Jersey, Channel Islands]]
| key_people = {{ubl|James (Jim) Rutherford|([[Chair (official)|Chairman]])|Martin Horgan|([[Chief Executive Officer]])}}
| industry = [[Gold mining]]
| products =
| revenue ={{increase}} [[US dollar|US$]]891.3 million (2023)<ref name=results>{{cite web|url=https://www.centamin.com/media/3023/cey-rns_fy23-results_final.pdf|publisher=Centamin|title=Annual Results 2023|access-date=21 March 2024}}</ref>
| operating_income ={{increase}} [[US dollar|US$]]194.5 million (2023)<ref name=results/>
| net_income ={{increase}} [[US dollar|US$]]194.9 million (2023)<ref name=results/>
| num_employees =
| parent =
| subsid =
| homepage = [http://www.centamin.com www.centamin.com]
| slogan   =
| footnotes =
}}
'''Centamin plc''' ({{LSE|CEY}}, {{TSX|CEE}}) is a gold mining company focused on the [[Arabian-Nubian Shield]]. It has offices in London, UK; Mount Pleasant, Western Australia; and Alexandria, Egypt. Its registered office is in Jersey. It was listed on the [[London Stock Exchange]] and the [[Toronto Stock Exchange]] until it was acquired by [[AngloGold Ashanti]] in November 2024.
==History==
Centamin was first listed on the [[Australian Stock Exchange]] in 1970.<ref name=pro>[http://www.proactiveinvestors.co.uk/companies/news/2874/centamin-egypt-12-million-ounces-of-gold-and-rising-2874.html Centamin Egypt – 12 million ounces of gold and rising] {{webarchive |url=https://web.archive.org/web/20091202003528/http://www.proactiveinvestors.co.uk/companies/news/2874/centamin-egypt-12-million-ounces-of-gold-and-rising-2874.html |date=2 December 2009 }} Proactive Investors, 29 August 2008</ref> In 1999, it acquired Pharaoh Gold Mines, a company that had been exploring for gold in [[Egypt]] since 1995, and became "Centamin Egypt".<ref name=pro/> The company was granted a 160 square kilometre exploitation lease over the Sukari Gold Project in the eastern desert of Egypt in 2005.<ref name=tele/> A listing was secured on the [[Toronto Stock Exchange]] in 2007 to raise funding for production,<ref name=pro/> and first gold was poured in June 2009.<ref name=tele>[https://www.telegraph.co.uk/finance/markets/questor/5120791/Centamin-Egypt-on-track-for-imminent-production.html Centamin Egypt on track for imminent production] Daily Telegraph, 7 April 2009</ref> The Company moved to a full listing on the [[London Stock Exchange]] in November 2009,<ref>[http://www.investorschronicle.co.uk/InvestmentGuides/Shares/article/20100618/698f236c-7ac6-11df-8c12-00144f2af8e8/Aims-winners-and-losers.jsp Aim's winners and losers] Investors Chronicle, 18 June 2010</ref> and was delisted from the Australian Stock Exchange in 2010.<ref>[https://www.telegraph.co.uk/finance/newsbysector/industry/mining/6967109/Centamin-starts-Egypt-gold-exports.html Centamin starts Egypt gold exports] Daily Telegraph, 11 January 2010</ref> In 2011, it redomiciled to Jersey and changed its name to "Centamin plc".<ref>[http://www.egyptindependent.com/node/513603 Centamin Egypt plans to redomicile to Jersey] Egypt Independent {{dead link|date=April 2021}}</ref>
In September 2024, [[AngloGold Ashanti]] made an offer for the company in a deal which valued it at $2.5 billion.<ref>{{cite news|url=https://www.reuters.com/markets/deals/anglogold-ashanti-buy-centamin-25-bln-deal-2024-09-10/|title=AngloGold in $2.5 bln deal for Centamin, targets 'Tier 1' assets|date=10 September 2024|newspaper=Reuters|access-date=19 November 2024}}</ref>
==Operations==
The company operates the [[Sukari]] Gold Mine in the [[Eastern Desert]] of [[Egypt]],<ref name=tele/> some 700&nbsp;km from Cairo and 25&nbsp;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.<ref>{{cite news|url=http://www.mining.com/investors-flee-centamin-after-egyptian-court-annuls-gold-concession-96970/ |title=Investors flee Centamin after Egyptian court annuls gold concession |newspaper=mining.com |first=Frik |last=Els |date=30 October 2012}}</ref>
==References==
{{reflist}}
==External links==
*[http://www.centamin.com Official site]
{{Authority control}}
[[Category:Companies listed on the Toronto Stock Exchange]]
[[Category:Non-renewable resource companies established in 1970]]
[[Category:Companies based in Perth, Western Australia]]
[[Category:Gold mining companies of Australia]]
[[Category:Companies listed on the London Stock Exchange]]
[[Category:1970 establishments in Australia]]