Centamin's Former CEO Reflects on Mining Leadership Post-AngloGold Ashanti Acquisition

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Mining Leadership,Centamin,Anglogold Ashanti

Martin Horgan, former CEO of Centamin, talks about his leadership journey as the company was acquired by AngloGold Ashanti for £1.9 billion. Horgan's tenure marked a significant turnaround, transforming Sukari gold mine's operations to boost production and EBITDA.

Former Centamin chief executive Martin Horgan reflected on the challenges of mining leadership as he discussed the company's acquisition by AngloGold Ashanti with Mining Journal.AngloGold Ashanti bought the Egypt-focused gold miner for £1.9 billion, taking another mid-sized miner off the London market. Horgan's departure, immediately after the acquisition's closure, marks the completion of a mining turnaround story.

What did COVID-19 mean? It looks easy in retrospect now, but at the time, it was like, will this last this a month? A year? What about global supply chains, movement personnel, and expatriates at the site? How do they get in and out?" "So, I got a bit more gray in 2020."Building a strong team was key to surviving that period. "What it comes down to is getting the right people in the team and backing those people.

 

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