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Published 18 days ago

Takeover bid heats up for Aussie gold explorer - Australian Mining

Summary by Australian Mining
Images: ARAMYAN/stock.adobe.comASX-listed Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder, today urged its shareholders to ‘take no action’ on the offer until it could be evalutated. Zhaojin first made an offer on Tietto in October 2023 for $629 million which was swiftly declined, with Tietto saying in a statem…

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Takeover bid heats up for Aussie gold explorer - Australian Mining

Images: ARAMYAN/stock.adobe.comASX-listed Chinese gold mining major Zhaojin has upped its unsolicited takeover bid of Tietto Minerals to the tune of $733 million. Australian-based Tietto, of which Zhaojin is a key shareholder, today urged its shareholders to ‘take no action’ on the offer until it could be evalutated. Zhaojin first made an offer on Tietto in October 2023 for $629 million which was swiftly declined, with Tietto saying in a statem…

18 days ago
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