Centamin plc is a gold mining company primarily focused on the exploration, development and production of gold resources in Africa and the Middle East. Listed on the OTCMKTS under the symbol CELTF, Centamin’s principal asset is the Sukari Gold Mine in Egypt, one of the country’s largest and most efficient gold operations. The company’s activities span the full mining value chain, including resource definition, mining, processing, and the sale of gold bullion to international markets.
The Sukari Gold Mine, located approximately 600 kilometers north of Cairo, has been in commercial production since 2009. The operation features both open pit and underground mining methods, supported by a 25 million tonne per annum processing plant. Over the years, continuous optimization programs and exploration drilling have helped extend the mine’s life and improve recovery rates. Centamin has also invested in infrastructure improvements—such as power, water, and tailings management facilities—to support sustainable long-term production.
In addition to its flagship asset in Egypt, Centamin is advancing exploration and development projects in West Africa, most notably in Côte d’Ivoire. These projects are at various stages of resource definition and feasibility planning, reflecting the company’s strategy to diversify its asset base and capture additional gold resources. Centamin’s exploration team employs modern geological, geochemical, and geophysical techniques to identify and delineate new mineralized zones, with the goal of replicating the success achieved at Sukari.
Founded in 1995 and originally focused on mineral exploration in Egypt, Centamin has evolved under the leadership of Ahmed Hassan, its Chief Executive Officer, and a board comprising mining and finance professionals. The executive team emphasizes responsible mining practices, community engagement and environmental stewardship. With a track record of project delivery and a pipeline of exploration opportunities, Centamin aims to maintain its position as a significant gold producer in emerging markets and generate value for its stakeholders over the long term.
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