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 three strategic pillars:

  • 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

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  • Sukari life of mine in excess of 12 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

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  • Target underground resource/reserve replacement at Sukari
  • Comprehensive brownfield exploration programme across Sukari tenement
  • Secured 3,000km2 of highly prospective greenfield exploration ground within the Egyptian Nubian Shield
  • Doropo Project PFS underway assessing potential to be our next gold mine¬†
  • Early stage exploration at ABC Project targeting potential gold mineralised scale across 90km strike

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