mining Tag

Ruby and emerald miner Gemfields Group will rejoin London’s alternative investment market (AIM) on February 14th, three years after a hostile takeover deal took the company private.   Gemfields was acquired by major shareholder Pallinghurst for US$212 million in 2017 but is now poised to return...

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...