Growth through cash flow

Production at Sukari continues to ramp up to c.500,000 ounces per annum by 2017, with competitive operating costs and strong cash flow generation, following completion of capital expenditure for project expansion during 2014.

Potential for further production growth as the expanded processing and mining (open pit and underground) operations are fully optimised. Significant resource and reserve expansion potential with continuing exploration, especially via high grades from underground.

Centamin's next-stage growth strategy is focussed on systematic exploration of significant land holdings within prospective regions. Our most advanced projects are in Burkina Faso and Cote d'Ivoire, which are stable jurisdictions offering attractive fiscal regimes.

Centamin plc

Centamin plc is a mineral exploration, development and mining company dual listed on the London Stock Exchange (LSE: CEY) and the Toronto Stock Exchange (TSX: CEE). Centamin's principal asset, the Sukari Gold Mine, began production in 2009 and is the first large scale modern gold mine in Egypt, with production ramping up towards c.500,000 ounces per annum by 2017. Our solid financial position, strong cash flows and development and operating experience provides us with a significant advantage in acquiring and developing other gold projects. Our most advanced exploration projects are located in highly prospective regions within the investor-friendly jurisdictions of Burkina Faso and Cote d'Ivoire.