Egypt-focused miner Centamin has expressed its disappointment in the way that its potential suitor, Endeavour Mining, is tackling negotiations, slamming the Toronto-listed company for “repeatedly refusing to engage in a proper manner”.
On Monday, Endeavour announced that its CEO Sébastien de Montessus met with Centamin chairperson Josef El-Raghy and that they have agreed to a reciprocal due diligence exercises.