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: 562
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: 519
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: 563
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: 606
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: 556
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: 648
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: 657
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: 670
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: 1808