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Jaguar Mining shares leap 46% on $1B bid from Shandong Gold

Andrew Topf | November 16, 2011 | 7:59 pm Precious Metals China Europe Latin America Gold 

Shares in Jaguar Mining (NYSE:JAG) surged 46% today on news that a Chinese gold producer is bidding $1 billion for the Brazil-focused company. The Globe and Mail reports that Shandong Gold is offering $9.30 per share in cash, which is a...

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