Dual-listed gold miner Centamin’s earnings before interest, taxes, depreciation and amortization (Ebitda) dropped 8% to $152-million for the year ended December 31, 2015, owing to lower gold prices and changes in production inventories in. Cash costs decreased to $713/oz from $729/oz in 2014, driven by the dropping fuel price; this was marginally above the company’s guidance of $700/oz, despite a higher-than-forecast production rate.
