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Shandong Gold grabs TMAC for $149 million

Cecilia Jamasmie | May 08, 2020 | 7:01 am Markets Canada China Gold 

China’s Shandong Gold Mining, one of the country’s top bullion miners, has agreed to buy Canadian junior TMAC Resources (TSX: TMR) for around $149 million. The deal will see the Chinese state-controlled company pay C$1.75 a share in cash, or...

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