Centamin Share Discussion Threads

[juju44] 12/11/2024 09:45

Like last time the only big thing he will do will be in his trousers

He has sure wrecked the recovery in miners in short order

[sg31] 12/11/2024 09:37

I sold my last shares yesterday. I don't want to hold Anglo Gold shares, they don't fit my needs.

I've held for 17 years and done very well. I bought £10,000 and overall I've got back £58k plus dividends.

Sad to see them go.

[paultruth] 12/11/2024 09:19

Fantastic news Trump won ..he is going to throw light on the truths around the deadly COVID jabs going after big pharma and the CDC for fraud and lies.Also going to block cbcds .reveal the climate change hoax and ban pronouns and LGBT teachings in schools...that's just for starters yeeha

[zangdook] 12/11/2024 07:33

Not sure it's third world in general, but some African countries are actively finishing off their decolonisation - Niger, Mali, Burkina Faso. I wouldn't want to have interests there.

[stevedaytrader] 11/11/2024 19:10

Trump- the risk to the markets was that clueless, policyless Kamala would get in

[geckotheglorious] 11/11/2024 19:04

Gold off 2.3% odd, but AEM down 6.7%, Barrick down 5.3%, CEY down 5.9%

What did I miss?

[beeezzz] 11/11/2024 17:44

Will last day of trading on LSE be set after court hearing on 20th November, or have they announced last day trading?

[dogwalker] 11/11/2024 16:30

Isn't that the main consideration in lumping companies into different valuation categories i.e. why 'third world' jurisdiction miners are cheaper , albeit Resolute wasn't before today.

[harry_david] 11/11/2024 15:40

I guess Mali could be a nasty foretaste for other African countries!

[busterhogdog] 11/11/2024 09:02

AltynGold Plc("AltynGold" or the "Company")Third quarter 2024 production updateStrong operational performance delivering significantly increased revenues with upgraded processing plant set to increase capacityAltynGold is pleased to announce its Q3 2024 production update.The Company delivered a robust operational performance in line with the management’s expectations. Revenues were substantially higher, increasing by 39% from the prior 9-month period. The average gold price achieved was above US$2,300oz, the gold price at the date of the report is currently above US$2,700oz.Production for the period was in line with the current production plan, with ore mined increasing by 4.4% over the prior 9-month period.The gold grade mined in the 9-month period averaged 2.13g/t with the average grade that has been processed year to date reported at 2.3g/t, reflecting the use of the higher-grade ore from the ore stockpiles.Details of the key production figures for the quarter and year to date are shown below:3Q20243Q2023Year to date 2024Year to date 2023Ore minedtons206,199186,120540,300517,303Ore milledtons167,343161,527446,594441,682Contained goldounces12,34710,98632,93628,419Gold pouredounces10,4909,03827,90323,478Average gold grade processedg/ton2.302.122.302.00RevenuesUS$m25.117.963.745.7As previously reported, the processing plant upgrade has been undergoing extensive testing as it is integrated into the existing infrastructure.The management is pleased to confirm this is almost complete, with testing and integration going to plan. The increased capacity is expected to come online within the next month.The Board continues to make good progress in evaluating additional development opportunities to ensure the Company can continue to deliver long-term sustainable growth.

[harry_david] 09/11/2024 22:45

I had more but only have 350k left now, may keep them after the latest numbers from AngloGold. I don't want to fall in love with gold but unless we get a massive reversal in gold price they all look cheap right now. That is why I have picked on STLR amongst others, an explorer with two major prospects whose share price has not risen at all.

[shayadfn] 09/11/2024 13:18

Some of gold miners I have invested in have been taken over like HGM and Shanta (got cash in both cases) and invested in PAF at 16p (only a small position). CEY has been my longest and best holding (started at 35p when there were issues with the Egyptian government, it fell in the 20s) I kept adding in 2013 and ever since traded in and out. My current holding is over 2m. So, I have been incredibly lucky. It all started with my SBT holding being taken over by GVC (now Etain) getting cash and shares, plus divi. This was another lucky break, I'm agnostic about the AngloGold takeover (I was waiting for the CEY Sp to go above £2 to reduce my holding). Have dipped my toes in the US stock FCX, Newmont, and Barrick over the last two years (this was only because I got my divi from CEY in USD). Good luck to all on the board- haven't posted much over the last few years due to derampers.

[harry_david] 07/11/2024 14:59

Thanks for the alert Shay, very good report. I lightened off a little to buy or add into other miners, explorers and a royalty company but I will now look at potentially keeping the balance. On the face it is definitely worth more work.

[shayadfn] 07/11/2024 12:59

Here's summery
AngloGold Ashanti's Q3 2024 earnings report highlights a strong performance with significant year-on-year gains. Here are the key points:

Gold Production: The company reported its strongest gold production quarter of 2024 from managed operations, producing 657,000 ounces, slightly down from 676,000 ounces in Q3 2023.

Financial Performance: Adjusted EBITDA rose 339% to $746 million, and free cash flow increased 17-fold to $347 million.

Costs: Total cash costs per ounce for the group rose 8% year-on-year to $1,172, while all-in sustaining costs per ounce increased 10% to $1,616.

Earnings: Headline earnings were $236 million, or 56 US cents per share, compared to a headline loss of $194 million, or 46 US cents per share, in Q3 2023.

Guidance: The company reaffirmed its full-year guidance for gold production, costs, and capital expenditure.

AngloGold Ashanti's CEO, Alberto Calderon, emphasized the company's focus on cost control and active management of working capital to capitalize on the healthy gold price environment

[shayadfn] 07/11/2024 12:51

Anglo gold Ashanti just came out with 3qtr figures

[beeezzz] 07/11/2024 10:13

Well I'm not going to get anywhere near my B/E of 183p have to bite the bullet move proceeds into ZOO digital, try and get me money back...

[arlington chetwynd talbott] 02/11/2024 18:40

That having any thoughts now is about a year too late?

[beeezzz] 02/11/2024 16:10

Any thoughts on SRB...?

[geckotheglorious] 01/11/2024 09:19

KY AG’s office investigates after video of voting machine error in Laurel County goes viral

[paultruth] 01/11/2024 08:13

The deep state are cheating once again in the US elections.ballot boxes in swing states set on fire and now to voting machines caught swapping Trump votes for Biden.❗Voting machine in Kentucky malfunctioned preventing people from voting for Trump!

The machine automatically switched to Harris.

The state attorney general's office confirmed the malfunction, saying it happened after the machine was hit. The problem was fixed.

[geckotheglorious] 31/10/2024 19:28

Harry_David

Maybe it would be better to sell CEY and buy physical (Gold & Silver), take delivery, bury it somewhere and sit on it. No worries about Strikes at mines, political upheaval , riding labour/fuel costs etc etc.

Pure exposure to gold price with none of the negatives of owning miners

[roks] 31/10/2024 18:07

When gold was going up cey went down, and now gold gone down a bit, cey folling suit...what's going on

[harry_david] 31/10/2024 16:00

ACT, I am not a natural gold bug though I have owned miners for some time. I am increasing my % in gold miners because of the US impending catastrophe {my concern) and as you say this is a term view. Nobody ever picks the date for the big event exactly right.

[1gw] 31/10/2024 15:31

Value vs Growth? That sounds like a discussion for a different day or board.