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Normandy tells shareholders to sit tight

NORMANDY Mining has told its shareholders to sit tight after AngloGold last week upped its bid fo...

Greg Tubby

AngloGold has added a 20c per share cash incentive to raise its offer for Normandy to $3.55 billion, trumping a bid by US-based rival Newmont Mining Corp. "Given the interest in Normandy from two bidders...

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