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Chinese acquired Canadian gold miner Inter-Citic for $252 million

Cecilia Jamasmie | August 27, 2012 | 5:54 pm Precious Metals Asia Canada China Europe Gold 

Exploration Inter-Citic Minerals Inc. (TSX:ICI) stocks soared over a third Monday after the company revealed it was being acquired by a subsidiary of China-based Western Mining Group, in a deal that values the Canadian gold miner at $252 (Cd$250) million....

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