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Centamin plc - $CELTF STOCK NEWS

Welcome to our dedicated page for Centamin plc news (Ticker: $CELTF), a resource for investors and traders seeking the latest updates and insights on Centamin plc stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Centamin plc's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Centamin plc's position in the market.

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BlackRock, Inc. discloses below 5% voting rights in Centamin PLC
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End-of-Day
0.17%
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Rhea-AI Summary
Centamin will release its audited financial results for the twelve months ended 31 December 2023 on 21 March 2024. An investor webcast will be held at 08.30 GMT on the same day for discussions and Q&A.
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End-of-Day
-2.54%
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Rhea-AI Summary
Centamin issued a correction to the announcement made on 19 December 2023 regarding the Sukari Underground Mineral Reserves. The Proven and Probable classification was incorrectly reported due to a typographical error, leading to an understatement of Proven Mineral Reserves and an overstatement of Probable Mineral Reserves. The correction has resulted in a 28% increase to 7.7Moz in Reserves, including a 10% growth at Sukari versus the new life of mine plan. The Group Mineral Reserves have increased by 3.5 million ounces since 2020, exceeding the Company's target of 3.0Moz. The updated Mineral Reserves are driven by reserve growth at Sukari and the inclusion of maiden Mineral Reserves at Doropo in Côte d'Ivoire. The outlook for 2024 includes a continued focus on resource and reserve growth across the portfolio.
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End-of-Day
5.98%
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News
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Centamin, a gold mining company, reported an excellent performance in 2023, with successful delivery of production guidance, improved safety results, and beating AISC guidance. The company achieved annual gold production within the 450-480koz range, generating US$892 million in revenue, with cash costs and AISC delivered at the lower half of the 2023 guidance. The company's strategic focus remains on growth, with notable milestones such as increased mineral reserves and completion of the Sukari Life of Mine Plan. The outlook for 2024 guides to higher production at lower costs, reflecting a strong position to benefit from the current gold price environment. The report also includes unaudited financial data points for Q4 2023, highlighting safety, production, cost, sales, and financials. The Company will host a webcast to discuss the results.
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End-of-Day
7.83%
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Centamin (CMN) appoints Ms. Hoda Mansour and Ms. Iman Naguib as Independent Non-Executive Directors. Dr. Ibrahim Fawzy will not stand for re-election. Ms. Mansour brings 25 years of experience in multinational software and technology companies, while Ms. Naguib has expertise in finance and investment management. Both will contribute to Centamin's growth and sustainability efforts.
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End-of-Day
2.5%
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Centamin (CEY) announces maiden drill program results for its Eastern Desert Exploration landholding in Egypt, with significant gold intercepts at the Little Sukari and Umm Majal prospects, and an update on the anticipated exploration program for 2024. CEO Martin Horgan highlights the company's systematic approach to assessing geological potential, emphasizing Egypt's attractiveness as an exploration jurisdiction. The 2024 program includes detailed geological mapping, ground geophysical surveys, RC and diamond core drilling, preliminary metallurgical testing, and a conceptual resource estimate.
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Centamin PLC (JE00B5TT1872) announced an acquisition of voting rights by Van Eck Associates Corporation, holding 9.62% of voting rights with 111,244,970 shares. The acquisition was notified on December 19, 2023.
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End-of-Day
-0.8%
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Centamin PLC announces notification of major holdings. Van Eck Associates Corporation, through various ETFs and funds, has acquired 10.005% of voting rights in Centamin PLC, totaling 115,849,438 shares. The notification was made on November 13, 2023, and the resulting situation on the date of the threshold crossing was disclosed. This information is crucial for investors and traders monitoring changes in major holdings in Centamin PLC.
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Centamin releases Q3 2023 quarterly report, maintaining commitment to safety and meeting production guidance
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Rhea-AI Sentiment
End-of-Day
-0.98%
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none
Rhea-AI Summary
Centamin announces improved life of mine plan for Sukari Gold Mine, with increased production and reduced costs
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Rhea-AI Sentiment
End-of-Day
2.02%
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Centamin plc

OTC:CELTF

CELTF Rankings

CELTF Stock Data

1.86B
1.14B
0.18%
71.06%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
2 Mulcaster Street