Centamin PLC hails reinvestment programme which is already delivering cost and production benefits

Centamin PLC chief financial officer, Ross Jerrard, joined Proactive to talk about gold miner’s operational and financial progress.

Revenue for the six months ended 30 June 2022 was US$382mln from gold sales of 203,587 ounces at an average realised gold price of US$1,872/oz.

Underlying profit (EBITDA) was US$153.1mln, with a 40% EBITDA margin. Its reinvestment programme has delivered improved production and helped lower costs.

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