With an average time of 10 to 15 years to start generating cash from a mine – compared to the relative short-term nature of the stock market – financial communications can be the lifeblood to companies in this sector.
How Buchanan can help We have exceptional experience advising clients in the metals and mining sectors and have been strategic partners to many – from initial drilling, to fund raisings throughout the project. Out of our nine mining clients, five of them are intermediate companies which have successfully remained independent and have progressed from exploration, through to development and then production.
Centamin plc (LSE: CEY, TSX: CEE) is a gold mining company focused on the Arabian-Nubian Shield in Egypt. With a market cap GBP1.35 billion (as of January 2021), Centamin is the longest lasting and largest gold mining constituent company of the London Stock Exchnage’s FTSE250 index.