Shares suspended in gold mining firm Centamin after court voids contract

Shares in gold miner Centamin plummeted more than 50% before being suspended after an Egyptian court ruled that the contract for the company's flagship Sukari gold mine in the country was void. A judge said it was invalid and a further decision to offer a 30-year contract to allow it to be renewed was also void. The mine, not far from the Red Sea coast near Marsa Alam, is joint-owned with the Egyptian government. The company attempted to allay fears, saying the mine remains operational.