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Zijin Mining Group Extends Offer To Buy Indophil To May 14
SHANGHAI, Apr 08, 2010 (Dow Jones Commodities News via Comtex) -- China biggest gold producer, Zijin Mining Group Co. (2899.HK), said Friday it has extended its offer to buy Australia's Indophil Resources NL (IRN.AU) to May 14 from the original deadline of April 16.
Zijin also said it has obtained 32.19% of Indophil shares as of Thursday.
Zijin Mining in December made a A$545 million takeover bid for Indophil, seeking to gain access to the US$5.2 billion Tampakan copper-gold mine in the Philippines.
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