Centamin PLC

Centamin's annual pretax profit nearly doubled as gold prices surged during the COVID-19 crisis, prompting the miner to declare a 2020 dividend and promise at least $105 million in payouts for the current year.

London-listed Centamin said on Wednesday it plans to spend more over the next three years improving efficiency and cash flow at its Sukari mine after years of operational issues and under-investment.

Egypt has awarded 82 exploration blocks to 11 companies in an international bid round for mineral exploration, Petroleum Minister Tarek El Molla said on Thursday.

Centamin Plc <CEY.L> on Friday forecast a fall in annual production as the gold miner delayed some open-pit mining operations at its key Sukari mine in Egypt for safety reasons.

Centamin Plc on Friday forecast a fall in annual production after the gold miner delayed its open pit mining operations at its key Sukari mine in Egypt.

Gold miner Centamin Plc reported higher first-half pretax profit on Tuesday, buoyed by increased output from its Sukari mine in Egypt and rising bullion prices on coronavirus driven safe-haven demand.

Gold miner Centamin Plc reported higher first-half pretax profit on Tuesday, buoyed by increased output from its Sukari mine in Egypt and rising bullion prices on coronavirus driven safe-haven demand.

Securities analysts revised their ratings and price targets on several European companies, including Calisen, Centamin and Kesko on Wednesday. HIGHLIGHTS * Calisen Plc : Credit Suisse raises target price to 225p from 215p * Centamin Plc : Peel Hunt cuts to add from buy,...

* CENTAMIN PLC - GOLD PRODUCTION OF 125,090 OUNCES FROM SUKARI GOLD MINE FOR Q1, IN LINE WITH ANNUAL GUIDANCE

West Africa-focused gold miner Endeavor Mining is not looking for other potential acquisitions after its failed offer for Centamin, CEO Sebastien de Montessus said on Wednesday.

Endeavour Mining <EDV.TO> abandoned its 1.5 billion pound ($1.9 billion) pursuit of gold miner Centamin <CEY.L> on Tuesday, citing a lack of information on its target while Centamin maintained the proposal was too low.

Endeavour Mining abandoned its 1.47 billion pound ($1.9 billion pursuit of Centamin, saying it did not receive sufficient information on the Egypt-based miner's assets during an assessment.

Centamin Plc <CEY.L> on Monday won approval to give its Canadian suitor Endeavour Mining <EDV.TO> more time to make a firm takeover offer, as shareholder pressure mounted on the London-listed gold miner to engage in talks.

Centamin Plc on Monday won approval to give its Canadian suitor Endeavour Mining more time to make a firm offer, as shareholder pressure mounted on the London-listed miner to engage in talks.

Miner Centamin Plc <CEY.L> should extend a deadline for Canada's Endeavour Mining Corp <EDV.TO> to make a firm takeover offer, a top shareholder with both companies said on Thursday, increasing pressure on the London-listed miner to engage in talks.

Canada's Endeavour Mining Corp <EDV.TO> on Thursday urged Centamin Plc <CEY.L> to seek an extension for a deadline by which it needs to make a firm offer to buy the London-listed miner.

Endeavour Mining <EDV.TO> will not share information vital to assessing its value until an extension to a deadline for making an offer for Centamin <CEY.L> is agreed, London-listed Centamin said on Wednesday.

Gold miners Endeavour <EDV.TO> and Centamin <CEY.L> have agreed to assess the feasibility of a merger, following a weekend meeting between top managers of the two companies, Endeavour said on Monday, driving Centamin's share price higher.

Endeavour Mining Corporation and Centamin have agreed to conduct a reciprocal due diligence exercise to assess the feasibility of a merger, following a weekend meeting between Endeavour's CEO and Centamin's chairman, Endeavour said on Monday.