Appointment of Chief Executive Officer

RNS Number : 1957C

Centamin PLC

15 January 2015

 

For immediate release		15th January 2015

Centamin plc ("Centamin" or "the Company")

(LSE:CEY, TSX:CEE)

Appointment of Chief Executive Officer

Centamin is pleased to announce the appointment of Mr Andrew Pardey as Chief Executive Officer (CEO) and will join the Board as an Executive Director effective 1^st February 2015.  Josef El-Raghy, interim CEO, will continue in his role as Chairman.

Andrew was appointed Chief Operating Officer in May 2012 after holding the position of General Manager - Operations at the Sukari Gold Mine since 2008 and was instrumental in the successful transition of the operation through construction and into production.  Andrew holds a BSc in Geology and has over 25 years' experience in the mining and exploration industry, having previously held senior positions in Africa, Australia and other parts of the world with AngloGold Ashanti, Guinor Gold Corporation and Kalgoorlie Consolidated Gold Mines (KCGM).

Josef El-Raghy, Chairman of Centamin, commented:

"Since joining the Company, Andrew has been a driving force behind Centamin's development from a junior exploration company into one of the largest gold producers in North Africa.  Under his careful stewardship, Sukari has grown into one of the world's leading gold mines and the business has diversified into exciting proven gold regions including Burkina Faso, Cote d'Ivoire and Ethiopia. 

I look forward to continuing to work with the company towards delivering substantial shareholder value through further production growth in Egypt and development of our portfolio of assets at various stages of exploration."

For more information please contact:

Centamin plc Josef El-Raghy, Chairman Andy Davidson, Head of Business Development and Investor Relations ([e-mail])  [phone]

Buchanan Bobby Morse, Gordon Poole + 44 (0) 20 7466 5000

 

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