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Xstrata ups LionOre bid

SWISS mining giant Xstrata has raised its bid for Canadian nickel miner LionOre Mining Internatio...

Kate Haycock

The revised offer is now worth $C6.2 billion, some 35% higher than Xstrata’s original offer. The new bid is also worth $C872 million more than the competing offer from Norilsk, which swooped in with...

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