Centamin (GB:CEY) has released an update.
Centamin PLC reports a solid operational performance in the first half of 2024, with a 2% increase in gold production and a substantial 121% improvement in free cash flow, buoyed by strong gold prices. The company is progressing with its Doropo Gold Project, expecting to secure a mining licence by year-end, and continues to expand through exploration, notably at the Little Sukari site. Additionally, Centamin maintains a robust balance sheet, with an interim dividend payout reflecting confidence in the company’s financial health.
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