Centamin issues in Egypt go back to 2012, when a court cancelled its mining license for Sukari, the firm’s only producing mine, and the country’s first large-scale modern gold operation.
Pillot Gold is snapping up junior Cadillac Mining, which owns the early stage Goldstrike project in Western Utah, in an all-share deal valued at nearly 20 cents per share.
The government of Kyrgyzstan has approved Centerra's mine plan for 2014, after the company threatened to shut operations at the country's largest gold deposit.