Centamin postpones publishing annual results
(Kitco News) - Due to a moratorium placed on the publication of financial statements for a minimum of two weeks, Egyptian miner Centamin (LSE:CEY) said Wednesday that it won't be releasing its financial results until it gets the all-clear from financial authorities.
The company said that so far the impact of COVID-19 on its operations has been minimal.
"During these times of global uncertainty, our first priority is securing our corporate borders to protect the health, safety and wellbeing of our employees and communities. As of 24 March 2020, Centamin has no cases of COVID-19 amongst its workforce and has experienced no material disruption to operations, supply chain or gold shipments," said the company in a statement.
The company said it has $348.9 million in cash and liquid assets on hand.