Keyword: "shandong gold"

Mining News Pro - The fight for Cardinal Resources ownership is nearing a conclusion after all of the company’s directors accepted Shandong Gold Mining’s takeover bid.

Mining News Pro - China’s Shandong Gold Mining has increased its shareholding in takeover target Cardinal Resources to 65.55%, after gaining control of the company just before Christmas, and increasing its offer price to A$1.075 a share.

Mining News Pro - Cardinal Resources has accepted a revised takeover offer from Shandong Gold following months of bidding war between the Chinese gold miner and United Kingdom-based Nordgold.

Mining News Pro - Cardinal Resources has responded to takeover bids from Nordgold and Shandong Gold, urging shareholders to accept an offer from the latter.

Mining News Pro - Cardinal Resources’ board of directors is backing the improved off-market takeover proposal made last week by China’s second-largest gold producer Shandong Gold.

Mining News Pro - Shandong Gold Mining has raised its takeover offer for Cardinal Resources following a competing proposal from the target’s largest shareholder, Nordgold.

Mining News Pro - Chinese producer Shandong Gold has made a play for Cardinal Resources with an off-market cash takeover offer for 100 per cent of the target’s shares.

Mining News Pro - China’s Shandong Gold Mining, one of the country’s top bullion miners, has agreed to buy Canadian junior TMAC Resources for around $149 million.

Mining News Pro - Barrick Gold has announced that it has entered into an enhanced strategic cooperation agreement with Shandong Gold Group Co, deepening Barrick’s partnership with one of China’s leading mining companies. The document builds on an earlier agreement signed between the two companies in April 2017, when Shandong Gold Mining Co, Ltd acquired 50% of Barrick’s Veladero mine in Argentina.

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