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Xstrata bids $3.1b for Jubilee

SWISS giant Xstrata is looking to strengthen its position as a global nickel producer after makin...

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Xstrata bids $3.1b for Jubilee

The news caused Jubilee's share price to rocket $7.15 (42%) to a record high of $24.25 in morning trade, with 1.75 million shares changing hands by 11.15 EST. The offer, made through Xstrata's subsidiary...

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