Centamin Plc announced the following changes to its board and senior management. These changes reflect the company's transition into the next phase of growth and the ongoing commitment to achieving the higher standards of corporate governance. The company announced the appointment of Alison Baker, as an Independent Non-Executive Director, Effective from 5 February 2018. Alison is a former audit partner at PricewaterhouseCoopers LLP and Ernst & Young LLP. On appointment, Alison will join the Health, Safety, Environmental & Sustainability committee and the Nomination committee. Alison Baker is also an Independent Non-Executive Director on the board of LSE listed KAZ Minerals Limited. The company announced the appointment of Ross Jerrard, current Chief Financial Officer, Effective from 5 February 2018. Ross was appointed Chief Financial Officer of Centamin in April 2016. Before joining Centamin, Ross was lead audit partner with Deloitte Touche Tohmatsu Perth, Australia. Prior to moving to Australia he spent three and a half years in Egypt, based in Cairo, acting for multinational companies operating in the region. The company announced the retirement of Josef El-Raghy, Executive Chairman, effective following the completion of a succession process and orderly handover throughout 2018. Josef has informed the Board that he intends to retire as Executive Chairman by the end of 2018. The company also announced the appointment of Mark Morcombe, as Chief Operating Officer, Effective from 8 January 2018. Mark was most recently COO at Acacia Mining plc and prior to that Senior Vice President at AngloGold Ashanti. He has more than 25 years of mining industry experience.
Centamin plc is a Jersey-based gold producer. Its assets include Sukari Gold Mine, Doropo Gold Project and ABC Project. The Sukari is a bulk tonnage open pit and a high-grade underground operation, with significant exploration upside at depth and regionally, within the 160 square kilometers (km2) tenement. The Doropo Project consists of seven exploration permits, covering an area of over 1,850 km2. The Doropo Project is in the northeast of Cote dâIvoire, over 480 kilometers (km) north of Abidjan. The ABC Project is in northwest Cote d'Ivoire, over 550 km northwest of Abidjan and 460 km west of Centamin's Doropo project. Its EDX Blocks comprise 3,000 km2 of greenfield exploration tenements within the Egyptian section of the Arabian Nubian Shield. The land package is divided into three blocks: Nugrus Block, which covers over 1,086 km2, Um Rus Block, which is located 50 km north of Sukari, and Najd Block, which is located 100 km northwest of Sukari in the Central Eastern Desert.