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Centamin sought approval from England’s Panel on Takeovers and Mergers to extend the deadline for Endeavour to either announce the firm intention to make an offer for Centamin under Rule 2.7 of the City Code on Takeovers and Mergers, or announce that it does not intend to make an offer for Centamin by 5.00 pm GMT on 14 January 2020 (the PUSU Deadline).
Sukari mine operator says Endeavour should enter into reciprocal due diligence
El-Molla added on Wednesday that the government had no role in the bid, yet they welcome any new investment in the gold and mineral exploration sector.
Merger to carry significant value in Egypt, says La Mancha Holding Chairperson, Naguib Sawiris
El Molla told Reuters that his country welcomes the attraction of international companies for gold and minerals exploration
Sukari mine development plan will add 20,000 production ounces, says source
Centamin is not authorised to determine the commencement date of profit-sharing, says EMRA chairman
Settlement of expenses and revenues provided by Centamin underway, says EMRA
Egypt must modernise its mining polices, towards a tax, royalty and rent system and away from the production sharing system
Centamin hopes for opportunity to repeat successful experience of Sukari gold mine
Centamin Company forecasts that it will produce 420,000 gold ounces, up from 356,943 ounces in 2013
The company said on Monday it produced 91,546 ounces of gold in the fourth quarter of 2013, bringing its full year output to 356,943 ounces to beat guidance of 320,000 ounces.
Centamin produced 93,624 oz of gold for the second quarter in 2013, ending in June, bringing the total production so far to 180,640 oz.
Centamin’s Andy Davidson: New technologies could make the country a top producer
Supreme Administrative Court overturns Administrative Judicial Court decision to stop work at Sukari gold mine
The company’s gold shipment to the Netherlands has cleared customs
Operations remain suspended due to a shortfall in working capital
“Renaissance” Bank Account, Centamin Troubles, UK-UAE Ties
Centamin began production in Sukkari, its main asset and the largest gold mine in Egypt, in 2009
LONDON: Gold producer Centamin posted a 10 percent rise in fourth-quarter output, boosted by higher production rates at its flagship Sukari project in Egypt, lifting its shares on Tuesday. Egypt-focused Centamin was hit in the second quarter by local restrictions on blasting, which, along with supply disruptions in the first quarter, forced the company to …