Terminology Description
2018 Code the 2018 UK Corporate Governance Code published by the FRC
AISC all-in sustaining costs
Board the Board of Directors of the Group
cash & liquid assets cash, bullion on hand, gold and silver sales debtor, financial assets at fair value
The Company Centamin plc
COVID-19 Coronavirus pandemic
CO2 e- Carbon dioxide equivalent is a standardised unit for different greenhouse gases as a way to measure carbon footprint.
Directors the Directors of the Board of Centamin plc
dump leach a process used for the recovery of metal ore from typically weathered low-grade ore. Blasted material is laid on a slightly sloping, impervious pad and uniformly leached. The metals are recovered by conventional methods from the solution
EBITDA margin Measure of earnings before interest, tax, depreciation, and amortisation as a percentage of the Company’s total revenue
EMRA Egyptian Mineral Resource Authority
EMP Environmental Management Plan
ESG Environmental, Social and Governance
ESIA Environmental and Social Impact Assessment
FRC Financial Reporting Council
free cash flow is a non-GAAP measure, measuring the available cash after profit share distribution, capital expenditure and investing activities
GHG Greenhouse Gas
GRI Global Reporting Initiative
ICMM International Council on Mining and Metals
LTI Lost Time Injury
LTIFR Lost Time Injury Frequency Rate
M&I measured and indicated mineral resource estimates
Moz million ounces
Mt million tonnes
Mtpa million tonnes per annum
open pit large scale hard rock surface mine
ore mineral deposit that can be extracted and marketed profitably
ounce or Oz troy ounce (= 31.1035 grams)
SDGs Sustainable Development Goals. Launched by the UN in 2015 as a universal call to action to address some of the world’s most pressing sustainability issues
Sukari Sukari Gold Mine - Centamin’s flagship and world class asset, located some 700km southeast of Cairo
TCFD Task Forces on Climate-related Financial Disclosures