CAPITAL MARKETS

Cape Lambert lodges formal DMC bid

CAPE Lambert Resources has made a formal bid to take full ownership of DMC Mining in an all-cash deal worth around $A34 million.

MiningNews.Net
Cape Lambert lodges formal DMC bid

The Tony Sage-led resources and investment company, which currently holds a 36.2% stake in DMC, is offering 40c per share. DMC owns an 80% stake in the Mayoko iron ore project in the Republic of Congo....

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