CORPORATE ACTIVITY
China's Zhaojin Mining said on Monday it is raising its offer to buy the shares it does not already own in Tietto Minerals to up to A$733-million, sending the Australian gold explorer's shares to a one-year high.
Last October, Zhaojin had placed a bid for Tietto Minerals, which owns its flagship Abujar gold mine in Côte d'Ivoire, for about A$629-million.
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