Our Business Model
Centamin has been creating long-term value within Egypt for three decades, working in partnership with the Egyptian government, local communities and a multitude of local businesses throughout our supply chain to develop Egypt’s modern gold mining industry. We are serious in the application of ethical business practices, supported by robust systems of corporate governance, transparency and accountability.
RESOURCE INPUTS
(Human & Intellectual Capital)
We operate in jurisdictions which provide good access to an educated workforce combined with investment into workforce (employee and contractor) development and training.
(Natural capital)
We use water and fuel to operate and continue to identify opportunities to minimise our environmental footprint.
(Physical capital)
Both the processing plant and open pit mine involve a large equipment fleet, plant and site infrastructure.
(Social capital)
We strive to maintain a strong social license to operate through active partnerships with countries and communities in which we operate.
(Financial capital)
Disciplined cost controls and efficient capital allocation enable us to continuously invest in longevity and growth of the business, balanced with strong shareholder returns.
VALUE CREATION OUTPUTS
SHARING IN THE VALUE WE CREATE
Through our operations, we unlock value from our asset portfolio, whilst maximising free cash flow. With a mine life in excess of 12 years at Sukari, Centamin looks forward to creating further value for all stakeholders.
For more information, please see our full business model in our latest Annual Report and further detail on our sustainability in our Sustainability Report.