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Norton Gold Fields Shares Up Following Chinese Bid
Apr. 03, 2012 07:53AM PST
Precious Metals Investing
Mining Weekly reported that Norton Gold Fields (ASX:NGF) is enjoying higher share prices as it considers a takeover bid by Zijin Mining Group (HSE:2899).
Mining Weekly reported that Norton Gold Fields (ASX:NGF) is enjoying higher share prices as it considers a takeover bid by Zijin Mining Group (HSE:2899).
As quoted in the market news:
Norton said on Tuesday that its directors recognised that the indicative offer represented an attractive premium to the company’s share prices, and were minded to recommend the acceptance of the offer, subject to reaching an agreement on terms.