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Centamin PLC Announces Trading Update

PERTH, AUSTRALIA / ACCESSWIRE / September 10, 2024 / MARTIN HORGAN, CEO, commented: “In light of today’s announcement of the recommended acquisition of Centamin by AngloGold Ashanti plc, we are providing a trading update for the first two months of Q3 …

PERTH, AUSTRALIA / ACCESSWIRE / September 10, 2024 / MARTIN HORGAN, CEO, commented: “In light of today’s announcement of the recommended acquisition of Centamin by AngloGold Ashanti plc, we are providing a trading update for the first two months of Q3 2024. Full Q3 2024 results will be released in October, in line with our normal reporting cycle.

Sukari continues to perform safely and the positive operating momentum achieved in Q2 2024 has continued into July and August. Strong production and cost discipline has enabled us to benefit from the robust gold price, delivering free cash flow of US$76 million in the first two months of Q3, 77% higher than the US$43 million generated in the first half of the year.”

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