Centamin Ord Shs T.CEE

Alternate Symbol(s): CELTF

Metals & Mining Gold

Centamin plc is a Jersey-based gold producer. Its assets include Sukari Gold Mine, Doropo Gold Project and ABC Project. The Sukari is a bulk tonnage open pit and a high-grade underground operation, with significant exploration upside at depth and regionally, within the 160 square kilometers (km2) tenement. The Doropo Project consists of seven exploration permits, covering an area of over 1,850 km2. The Doropo Project is in the northeast of Cote d’Ivoire, over 480 kilometers (km) north of Abidjan. The ABC Project is in northwest Cote d'Ivoire, over 550 km northwest of Abidjan and 460 km west of Centamin's Doropo project. Its EDX Blocks comprise 3,000 km2 of greenfield exploration tenements within the Egyptian section of the Arabian Nubian Shield. The land package is divided into three blocks: Nugrus Block, which covers over 1,086 km2, Um Rus Block, which is located 50 km north of Sukari, and Najd Block, which is located 100 km northwest of Sukari in the Central Eastern Desert.

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Centamin Ord Shs

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Post by TimeBuilderon May 17, 2021 2:53pm

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FYI: Sustainability Report ( correction )

SUSTAINABILITY HIGHLIGHTS

No material disruptions due to the COVID-19 pandemic. The Company responded quickly to safeguard the workforce, local communities and secure the operations.
Established the Board-level Sustainability Committee and appointed a Group ESG Manager. For 2021, executive remuneration has been expanded to include more sustainability linked performance metrics.
Continued reinforcement of health and safety practices towards achieving our goal of zero harm, including the introduction of Critical Risk Standards.
Implemented our professional development framework for all employees, instilling a shared understanding of the critical behaviours required for successful performance at Centamin.
Strong levels of local content with 95% of our workforce employed locally; 67% of Sukari senior and middle management are held by Egyptian nationals; and 61% of the total Sukari procurement spend is with Egyptian national suppliers.
Reinforcement of performance standards within our supply chain relating to legal compliance, anti-corruption, human rights, health, safety, environment and social responsibility.
Sustained zero reportable environmental and community incidents across the Group and no issues of regulatory non-compliance reported.
Commenced construction of the Sukari 36MW hybrid solar project. In 2022, the Company will release its first annual report aligned to the Task Force on Climate-related Disclosures ("TCFD").
Constructed and commissioned a second tailings storage facility at Sukari in line with international tailings standards of good practice. Commenced a review of operations in line with the Global Industry Standard on Tailings Management ("GISTM") and targeting compliance by 2023.