Centamin Plc has announced an interim dividend of 2.5 US cents per share equating to a distribution of approximately US$29 million, to be paid to shareholders on 7 October 2022
Other Financial Highlights:
Revenue for the six months ended 30 June 2022 ("H1 2022") was US$382 million from gold sales of 203,587 ounces ("oz") at an average realised gold price of US$1,872/oz
Cash cost of production was US$931/oz produced, and all-in sustaining costs ("AISC") were US$1,446/oz sold
EBITDA was US$153 million with a 40% EBITDA margin
Net profit after tax attributable to shareholders was US$85 million, for a basic EPS of 7.35 US cents
Capital expenditure was US$139 million, including $6 million of non-cash IFRS16 additions. Good progress was made on key capital projects such as the solar plant, paste-fill plant and stages 2 and 3 Tailings Storage Facility 2 ("TSF")
Group operating cash flow totalled US$128 million and group free cash flow of negative US$25 million reflects the investment in the future of operations with $133m cash investment in capex, as well as the US$33 million of profit share and royalty distributions to partner, EMRA.
We are continuing to promote diversity across the operations with targets set for the mine in 2022 and beyond. Sukari recruited 11 women in professional positions during H1 2022
