Articles for tag: Chinas, extends, Minerals, offer, period, Tietto, Zhaojin

Chinese Mining Company Extends Offer for Tietto Minerals

Just when Tietto Minerals thought they could breathe easy after the commencement of production at the Abujar gold mine in Côte d’Ivoire last January, along comes Zhaojin with an offer, a seemingly insufficient offer. Tietto wasted no time raising their objections, recommending its shareholders to spurn Zhaojin’s advances, claiming the offer grossly underestimated the company and its linchpin project. Tietto did not mince words, slamming Zhaojin for mischievously choosing this moment to come calling, right after their flagship mine showed its potential for greatness. In a record date filing from November, Tietto revealed that Grant Thornton, an independent expert deemed