Shandong Gold, parent of China’s second-largest gold producer by market value, reportedly makes...

|By:, SA News Editor

Shandong Gold, parent of China’s second-largest gold producer by market value, reportedly makes a $785M offer to buy Jaguar Mining (JAG). Shandong is said to have bid $9.30/share, a 73% premium to JAG’s Tuesday closing price of $5.39. JAG +47.5% premarket.