CAPITAL MARKETS

Cape Lambert ups DMC bid

THE battle for control of DMC Mining has heated up with would-be suitor Cape Lambert Resources slapping an increased all-cash offer on the table for the west African iron ore explorer.

MiningNews.Net
Cape Lambert ups DMC bid

The Tony Sage-led resources and investment company, which currently holds a 35.44% stake in DMC, is now offering A50c for every DMC share, up 8.7% from its previous bid of 46c and matching a rival offer...

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