Vale Indonesia signs $2 billion nickel project deal with Shandong Xinhai
Mining News Pro - Nickel miner PT Vale Indonesia on Tuesday signed an investment deal with China’s Shandong Xinhai Technology Co. Ltd and a unit of China Baowu Steel Group Corp. Ltd to develop a processing plant on Sulawesi island.
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Visit: 660
Shandong Gold to seal Cardinal acquisition
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.
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Visit: 569
Shandong in pole position for Cardinal takeover
Mining News Pro - The board of directors at Cardinal Resources Ltd. is recommending shareholders to accept the off-market takeover offer made by Shandong Gold, which is due to expire on January 12.
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Visit: 478
Cardinal urges Shandong acceptance
Mining News Pro - The board of takeover target Cardinal Resources have urged its remaining shareholders to accept the offer from Chinese suitor Shandong Gold Mining, after that company’s shareholding in Cardinal increased to 68%.
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Visit: 545
Shandong Gold makes a clean sweep at Cardinal
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.
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Visit: 524
Shandong emerges victorious in Cardinal takeover tussle
Mining News Pro - Shandong Gold Mining has ended an almost year-long battle for the ownership of Cardinal Resources after winning a 50 per cent interest in the West African focussed company.
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Visit: 536
Canada rejects Shandong’s bid to buy TMAC
Mining News Pro - The Canadian government has rejected Shandong Gold Mining’s bid to acquire TMAC Resources, the companies said on Tuesday.
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Visit: 517
Cardinal still backing Shandong
Mining News Pro - Gold miner Nordgold has told the shareholders of takeover target Cardinal Resources that it wILL not be improving on its A$1 a share cash offer, unless a higher competing offer emerges.
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Visit: 669
Canada orders security review of Shandong’s Hope Bay buy
Mining News Pro - The Federal Cabinet of Canada has ordered a national security review of China-based Shandong Gold’s acquisition of TMAC Resources, which owns the Hope Bay property in Nunavut.
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Visit: 602
Cardinal gives Shandong Gold’s upgraded takeover offer the nod
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.
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Visit: 570
Cardinal prefers Shandong Gold takeover bid
Mining News Pro - Cardinal Resources has responded to takeover bids from Nordgold and Shandong Gold, urging shareholders to accept an offer from the latter.
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Visit: 613
Cardinal board backs Shandong Gold offer
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.
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Visit: 576
Shandong Gold bolsters Cardinal takeover bid
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.
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Visit: 653
China’s Shandong Gold makes move on Cardinal Resources
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.
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Visit: 665
Barrick sells majority stake in Shandong for $210 million
Mining News Pro - Barrick Gold said on Tuesday it sold a partial stake in Shandong Gold Mining for $210 million, profiting off a rise in share price of the Chinese gold miner.
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Visit: 467
Shandong Gold grabs TMAC for $149 million
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.
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Visit: 676
Barrick Gold, Shandong Announce Investment Agreement
Mining News Pro - Barrick Gold Corp. (NYSE, TSX: ABX) has entered into a mutual investment agreement with Shandong Gold Group Co., Ltd. to further strengthen ties between the two companies after the two firms announced a strategic cooperation agreement this summer, officials reported Monday.
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Visit: 1064
Barrick Gold enters into deeper strategic agreement with China’s Shandong Gold
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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Visit: 1813