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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).

Daily News Egypt

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 …

DNE

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