Endeavour Mining Tag

Canada’s Endeavour Mining has dropped its plan to acquire Egypt-focused Centamin for US$1.9 billion as it did not get enough information on the latter’s assets during an assessment. Centamin’s sole operating asset is the Sukari Gold Mine, located in the Eastern Desert approximately 700 km from...

Acacia Mining (LSE:ACA) has ended discussions with Canadian firm Endeavour Mining (TSE:EDV) regarding a US$3.7 billion merger deal. The news comes after Tanzania’s recent decision to impose a ban on gold and copper exports, which prompted both companies to postpone the merger talks. The merger was initially...