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Company Information for Centamin Egypt Ltd

Company stock charts - 12 Month chart

Exchange ASX; CNT


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Exchange AIM; CEY


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Exchange TSX; CEE


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Company Statement

Centamin Egypt Limited is a mineral exploration company, listed on the Australian Stock Exchange, the AIM Market of the London Stock Exchange and the Toronto Stock Exchange.

Centamin has been exploring for gold in Egypt since 1995, and in 2005 was granted a 160km 2 exploitation lease over the massive Sukari Hill gold project.

The current resource at Sukari is 10.45 million ounces of gold (2.6 Moz Measured, 4.2Moz Indicated and 3.6 Moz Inferred) with ongoing rilling expected to add significantly to this resource.

A feasibility study to upgrade the project to a 4-5 million tonne per year operation was completed in February 2007.


Current Operations

Sukari Gold Project
The Company's activities are focused on increasing the geological resource and bringing the Sukari gold project into production.

Drilling is ongoing with nine rigs currently operating on site. Exploration is being carried out on the areas adjacent to and surrounding the Sukari Hill porphyry.

Also contained within the 160 km 2 Sukari lease are a number of other occurrences and old workings, the most significant being:

  • Um Kola - Sabahiya - Kurdaman; and
  • Sukari East


Geographical Spread

Egypt


Board of Directors and Key Management

Mr Josef El-RaghyManaging Director/CEO
Mr Sami El-RaghyChairman
Dr Thomas ElderNon-Executive Director
Mr H Stuart BottomleyNon-Executive Director
Mr Colin CowdenNon-Executive Director
Mr G Brian SpeechlyNon-Executive Director
Mr Trevor Stanley Schultz Non-Executive Director

Company Address

57 Kishorn Road
Mt Pleasant
, Australia 6153

Telephone:+ 61 8 9316 2640
Facsimile:+ 61 8 9316 2650
Email:centamin[at]centamin.com.au
Website:http://www.centamin.com

Additional Address/Key Contact

Egypt 361 El-Horreya Road Sedi Gaber Alexandria, Egypt Tel: + 203 5411 259 Fax: + 203 522 6350

Annual General Meeting

November

Year End

June 30

Nominated Brokers

Ambrian Partners, London
Westwind Partners, London

Nominated Advisors

Ambrian Partners, London

Broker/Analyst Reports

26/04/07 - Westwind Partners

Major Shareholders

CDS & Co 21.6%
El-Raghy Kriewaldt Pty Ltd* 7.3%
Chase Nominees Limited 5.3%
Pershing Keen Nominees Limited 5.3%
* beneficially owned by Sami El-Raghy & Josef El-Raghy

Related News

06/05/08 - Delays At Sukari Unlikely To Put Off The Majors Eyeing Centamin Egypt
22/10/07 - Centamin Goes For Grade At Depth
03/05/07 - Centamin Egypt Uses Old Plant For New Mine

Most Recent Statement

20/05/08 - APPOINTMENT OF NON-EXECUTIVE DIRECTOR
01/05/08 - Quarterly Report for the Quarter Ended 31 March 2008
29/04/08 - Quarterly Report for the Quarter Ended 31 March 2008
08/04/08 - SUKARI GOLD PROJECT RESOURCE UPGRADE 8.12 MOZ MEASURED AND INDICATED, PLUS 3.5 MOZ INFERRED
08/02/08 - New High Grade Zone at Amun Deeps Intersected
31/01/08 - Quarterly Report for the Quarter Ended 31 December 2007

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