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South32 buys Arizona Mining for US$1.3 billion

Michael Allan McCrae | June 18, 2018 | 10:01 am Base Metals Precious Metals Australia Canada Silver Zinc 

Vancouver-based zinc miner, Arizona Mining, is being bought by South32 for US$1.3 billion in an all-cash offer. Arizona Mining (TSE:AZ) shares shot up 48% to $6.14 a share. The offer price of C$6.20 per share represents a 50 per cent...

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