ACCESS Newswire
06 Apr 2020, 11:32 GMT+10
Donation towards Egypt's COVID-19 Relief Efforts
PERTH, AUSTRALIA / ACCESSWIRE / April 6, 2020 / Centamin PLC. ('Centamin' or 'the Company') (LSE:CEY)(TSX:CEE).
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:
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 [email protected] or visit www.rns.com.
SOURCE: Centamin PLC
Get a daily dose of Tennessee Daily news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Tennessee Daily.
More InformationLONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
OMAHA, Nebraska: With Congress considering cuts totaling around US$1 trillion to Medicaid over the next decade, concerns are rising...
WASHINGTON, D.C.: The U.S. government has granted GE Aerospace permission to resume jet engine shipments to China's COMAC, a person...