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Pin to quick picksCentamin PLC Regulatory News (CEY)

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Donation towards Egypt’s COVID-19 Relief Efforts

6 Apr 2020 07:00

RNS Number : 8193I
Centamin PLC
06 April 2020
 

 

6 April 2020

 

 

 

 

 

Centamin plc 

("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

 

 

 

Donation towards Egypt's COVID-19 Relief Efforts

 

Centamin, operator of the Sukari Gold Mine, announces today that it has committed 10 million Egyptian pounds ("LE"), equivalent to circa US$635,000, to support Egypt's response efforts to combat the coronavirus ("COVID-19") pandemic.

As the country's largest mining company, and significant local employer, early action was taken to protect the on-site workforce and secure operations. We continue to closely monitor the situation, adapting our processes and procedures accordingly. We are actively working with the Egyptian Government to address the threat of COVID-19, providing logistical and financial support within our local community. We thank the Egyptian government for their support and working collaboratively in sustaining operations at Sukari.

As of 5 April 2020, Centamin has no recorded cases of COVID-19 on site and has experienced no material disruption to operations, supply chain or gold shipments.

Josef El-Raghy, Chairman, commented: "During this time of global crisis, we are committed to extending support to our host countries. In addition to being actively involved in our local communities, Centamin is donating LE10 million to financially help towards immediate critical needs. We will continue to provide our wholehearted support to the government in facing this crisis."

 

 

 

For more information, please visit the website www.centamin.com or contact:

 

Centamin plc

Alexandra Carse, Investor Relations

+44 (0) 7700 713 738

alexandra.carse@centamin.je

 

Buchanan

Bobby Morse

Chris Judd

Kelsey Traynor

+ 44 (0) 20 7466 5000

centamin@buchanan.uk.com

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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