Centamin Issues Sustainability Report of 2019

Centamin Issues Sustainability Report of 2019

Centamin Company has announced publication of its third sustainability report for fiscal year (FY) 2019 according to the Core Global Reporting Initiative (GRI) standards and GRI Mining and Metals Sector Supplement, a press release issued on the company’s official website reported.

According to the report, the company recorded zero environmental incidents during 2019 in addition to 57% improvement in water efficiency at Sukari mine. It added that the company inscribed 33.86 carbon dioxide (CO2) emissions intensity at Sukari mine and planned to integrate solar power by 2021.

Moreover, Centamin paid $106.8 million to the Egyptian government in profit share and royalties noting that it started a screening program in collaboration with the Egyptian government to test all the employees and contractors at Sukari mine against Covid -19 to prepare site for increased workforce mobility.

For his part Centamin’s CFO, Ross Jerrard, commented “Centamin is a significant employer and financial economic contributor to both the government and local communities and we take our commitment to corporate responsibility very seriously. Our strategic approach is informed by empirical analysis and each year we set ourselves stretching targets in order to continue to achieve our vision of creating opportunities through responsible gold mining.”

“ COVID-19 has presented global unprecedented challenges, requiring all stakeholder groups to work together to navigate a successful path forward. As such, we have begun the transition from a largely reactive Phase 1 approach to a more proactive Phase 2 approach to managing and preparing for the likely co-existence with COVID19 for a potentially prolonged period of time.”, he added.

Jerrard referred that Safeguarding the workforce and community is always their key priority confirming that the operation at Sukari mine is uninterrupted.



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