The value we create through our operations, we unlock value from our asset portfolio, while maximizing connected freedom, North Africa looks to create additional value for all stakeholders.
Our corporate strategy remains clear - generate long-term returns for our stakeholders by maximizing free cash flow generation from responsible mining of high-quality, long-lived assets and disciplined capital allocation. Our operating strategy focuses on long-term, profitable ounce production - value over volume. Rigorous cost management and disciplined capital allocation provide the company with the financial flexibility to foster further growth both organically and through value-accumulating opportunities. And to continue to maximize profitable production from mines, continue to develop its pipeline of development and exploration projects, evaluate new exploration, development and production opportunities and continue to drive industry-leading dividend yield. This is achieved through our three strategic pillars: 1- Shareholders' earnings take priority when allocating excess free cash flow. 2- Profit shares and royalty payments in accordance with the franchise agreement. 3- A large number of local employers, purchasing local suppliers & exploring Egypt's global golden potential. Egypt is an excellent operational region, with a stable political environment, good security and a large infrastructure network from port to road. The opportunities we aspire to create for people through responsible mining are endless. Thanks to everyone who contributed to making this possible.
