Our Strategy
Our corporate strategy remains consistent and clear - deliver long-term stakeholder returns by maximising free cash flow generation from responsible mining of high quality, long life assets and disciplined capital allocation.
Our operational strategy is focused on long-term production of profitable ounces - value over volume. Stringent cost management and disciplined capital allocation provides the Company with the financial flexibility to promote further growth both organically and through value-accretive opportunities.
This is achieved through our five strategic pillars:
![Centamin_Web_Assets38[1].png](/media/1731/centamin_web_assets38-1.png)
- Sukari life of mine in excess of 15 years
- Unconstrained orebody
- Results-driven exploration to unlock additional sources of high-grade underground ore
- Maintain a low-cost operation through stringent cost management and identify cost-saving initiatives
- Improve productivity through continuous workplace training and plant optimisation
- Maximise free cash flow through stringent cost management
- Maintain a strong and flexible balance sheet
- Generate revenue in accordance with forecasted production targets
- Fully funded organic growth pipeline after sustainable reinvestment back into the business
- No debt, no hedging, no streaming
- Shareholder dividends take priority on allocation of surplus free cash flow
- Profit share and royalty payments in accordance with the Concession Agreement
- Substantial local employers and procurement of local suppliers
- Target underground resource/reserve replacement at Sukari
- Comprehensive brownfield exploration programme across Sukari tenement
- Exploration programme at Doropo Project targeting resource growth
- Ensure robust safety standards that protect the workforce every day
- Responsibly manage and minimise the environmental impact of Centamin’s activities
- Improve socio‑economic development in countries of operation, and improve the standard of living and wellbeing for host communities