CAPITAL MARKETS

Competing DMC suitor increases bid

SHAREHOLDERS in west African iron ore explorer and developer DMC Mining have been advised to take no action on an increased takeover offer from Meijin Energy Group.

MiningNews.Net
Competing DMC suitor increases bid

Meijin, China’s largest commercial coke producer and supplier with three operating mines in Shanxi, increased its offer by A3c to 53c per share. The group has coking coal resources of more than 2 billion...

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