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London's Gemcorp makes bid for Sierra Rutile

Friendly offer comes at a premium to hostile Gerard bid

Haydn Black
Area 1. Credit: Sierra Rutile

Area 1. Credit: Sierra Rutile

London-based Gemcorp has signed a bid agreement that could see it pay almost A$55 million in cash as part a friendly takeover that values Sierra Rutile at almost $68 million.  Sierra Rutile has faced...

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