CAPITAL MARKETS

Hill 50 shares suspended on bid rumour

SHARES in mid-tier Australian gold miner Hill 50 Gold NL were placed in pre-open suspension this morning following reports the company may be a takeover target for South Africa's Harmony Gold Mining Co.

James Hamilton

Hill 50 shares suspended on bid rumour

"Our reason for requesting this halt is that we wish to finalise discussions regarding a potential strategic transaction involving Hill 50 Gold NL," the company told the ASX. "We expect to be able to...

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