Centamin Says Appeal Hearing Adjourned Until Sept

Gold producer Centamin, involved in a legal dispute to defend its right to mine in Egypt, said that its appeal process hearing was pushed back to the end of September.

The company launched an appeal last year against a court ruling questioning its right to operate Sukari, its sole producing mine, wiping away nearly half the value of its shares.

Centamin’s head of business development Andy Davidson told Reuters that at a court session in Egypt on Wednesday, the appeal hearing was adjourned until Sept. 24.

Source: Reuters