The pitches are flying towards tightly held West African gold play Tietto Minerals.
The defence mandate pitches are flying towards tightly held West African gold play Tietto Minerals, after a Chinese gold miner revealed its interest in the company.
Zhaojin Mining Industry Company Limited lodged a substantial shareholder notice for a 5.2 per cent Tietto Minerals stake late last week, showing it accumulated a stealth stake in April and May before jumping above the disclosure threshold on July 8.Zhaojin is significant player in gold in Asia.
Zhaojin predominantly has mines in China, however has popped up at Tietto as its project is on track to become the West Africa’s next producing gold miner. Tietto owns the Abujar Gold Project in Côte d’Ivoire , which is targeting first gold pour by the end of the year, and the company
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