Centamin Plc. PT receives Investment Bank Analyst Rating Update
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Centamin plc is a gold mining company. The Company has operations in Egypt, Burkina Faso and Cote d'Ivoire. Its projects include Sukari Gold Mine, Doropo Project, Batie West Project and ABC Project. The Company’s flagship asset, Sukari Gold Mine, is a low cost, bulk tonnage open pit mine and covers approximately 160 square kilometers (km2) of tenement. Doropo Project is located in the northeast of Cote d’Ivoire, approximately 480 kilometers (km) north of Abidjan. The Doropo Project consists of seven exploration permits, covering an area of approximately 1,850km2. The Batie West Project is located in the southwest of Burkina Faso, within the Southern Noumbiel Province, bordering Ghana and Cote d’Ivoire. The Batie West Project consists of one exploitation license and four exploration permits, covering an area of approximately 380km2. The ABC Project is in northwest Cote d'Ivoire, approximately 550km northwest of Abidjan and 460km west of Doropo project.