Latest in Tag: Centamin Highlight
Latest in Tag: Centamin

Centamin dismisses merger talks with Endeavour
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).

Centamin accuses Endeavour of hindering merger talks
Sukari mine operator says Endeavour should enter into reciprocal due diligence

Egypt welcomes Endeavour’s bid for all-share merger with Centamin: El-Molla
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.

Endeavour discloses $1.5bn all-share merger with Centamin
Merger to carry significant value in Egypt, says La Mancha Holding Chairperson, Naguib Sawiris

Egyptian Minister of Petroleum and Mineral Resources: We welcome Endeavour’s desire to acquire Centamin
El Molla told Reuters that his country welcomes the attraction of international companies for gold and minerals exploration

Centamin aims to increase Sukari production to 540,000 ounces by 2020
Sukari mine development plan will add 20,000 production ounces, says source

EMRA, Centamin to begin profit-sharing in Sukari mine operations
Centamin is not authorised to determine the commencement date of profit-sharing, says EMRA chairman

EMRA finalises approvals of tender for 7 areas to search for gold
Settlement of expenses and revenues provided by Centamin underway, says EMRA

Centamin calls for Egyptian mining sector reform believing country to have surfeit of gold
Egypt must modernise its mining polices, towards a tax, royalty and rent system and away from the production sharing system

Centamin invests $25m annually to search for gold outside Egypt
Centamin hopes for opportunity to repeat successful experience of Sukari gold mine

Sukari goldmine production expected to grow 18% in 2014
Centamin Company forecasts that it will produce 420,000 gold ounces, up from 356,943 ounces in 2013

Centamin poised for more output growth after 2013 beat
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 announces robust gold production in new mine
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.

Making Egypt a gold-mining contender
Centamin’s Andy Davidson: New technologies could make the country a top producer

Court ruling on Sukari Gold Mines suspended
Supreme Administrative Court overturns Administrative Judicial Court decision to stop work at Sukari gold mine
Centamin to resume operations shortly
The company’s gold shipment to the Netherlands has cleared customs

Centamin fuel supply to resume
Operations remain suspended due to a shortfall in working capital

Rebel economy wrap
“Renaissance” Bank Account, Centamin Troubles, UK-UAE Ties

Centamin stocks plunge after Egypt annuls gold mine contract
Centamin began production in Sukkari, its main asset and the largest gold mine in Egypt, in 2009
Centamin says Q4 production rose 10 percent
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 …