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Centamin board rejects "opportunistic" Endeavour merger

The board of UK-listed Centamin has flat-batted a proposed £1.47 billion merger with fellow Africa-focused gold miner Endeavour Mining.

Centamin board rejects "opportunistic" Endeavour merger Centamin board rejects "opportunistic" Endeavour merger Centamin board rejects "opportunistic" Endeavour merger Centamin board rejects "opportunistic" Endeavour merger Centamin board rejects "opportunistic" Endeavour merger

Centamin's Sukari mine in Egypt

Endeavour said in a statement Tuesday it had made several unsuccessful attempts to engage with Centamin's board over the past 14 months, and therefore laid out its proposal in public "in an effort to