By Cecilia Jamasmie
MINING.com
London and Toronto-listed gold miner Centamin (LON:CEY) (TSX:CEE) said Monday its long-dragged dispute with Egyptian authorities over its flagship Sukari gold mine is likely to settle before the end of the year.
The Alexandria-based company, which is Egypt’s largest gold producer, is betting on the new government to pass an investor-friendly law that will null the case against Centamin.
The miner scored big last month after the country’s interim government granted it permission to expand its mining activities through increasing production capacity and the necessary energy levels for operation.