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Nordgold makes Cardinal offer

Russian miner bids for emerging Ghana gold project

Kristie Batten
Cardinal Resources' exploration base in Bolgatanga, Ghana

Cardinal Resources' exploration base in Bolgatanga, Ghana

Nordgold revealed it had a 19.9% stake in Cardinal, mainly via the acquisition of Gold Fields' 16.4% stake. The company said it would pay about A$37 million for Gold Fields' stake, or roughly 45.77c...

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