Centamin PLC (LON: CEY) have seen their shares spike on Tuesday morning after it was reported that the firm rejected a merger approach from Endeavour Mining. Shares of Centamin spiked 7.68% to 120p. 3/12/19 10:23BST. Centamin plc is a gold mining company focused on the Arabian-Nubian Shield. It has offices in London, UK; Mount Pleasant, Western Australia; and Alexandria, Egypt. Its registered office is in Jersey Centamin have seen a mixed time of financial 2019, and the firm has been confident throughout the year. In October, the FTSE250 listed firm saw its shares dip after the firm saw its output levels decline. Today, Centamin updated shareholders by saying that it had rejected a hostile approach from an industry rival, which saw shares in green.