Shandong Gold Mining
The Shandong Gold Offer remains subject to a number of standard market conditions for a transaction of this nature .
Shandong Gold has increased its takeover offer for West African gold explorer Cardinal Resources to A$1.00 a share, up from its previous offer of $0.70 a share.
Gold explorer Cardinal Resources has entered into a deed with Shandong Gold Mining to amend the bid implementation agreement, following its all-cash takeover bid on 18 June.
BMI Research has revised down its growth forecasts for gold production in Tanzania over the next ten years as ongoing regulatory pressure from the...