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Cardinal backs $565M takeover

Shareholders told to accept latest bid

Kristie Batten

The Chinese miner improved its offer to $1 per share yesterday amid stiff competition from Russia's Nordgold. Nordgold first acquired a 19.9% stake in Cardinal in March and sent the company a non-binding...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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