News
19 May 2025

Bastion to launch A$160m takeover bid for Xanadu Mines

In:
Metals and Mining
Region:
Asia-Pacific

Xanadu Mines has unveiled a proposed takeover offer from Bastion Mining, a consortium comprising Singapore-based Boroo and Xanadu director Ganbayar Lkhagvasuren.The offer follows the recent collapse of a potential transaction between Xanadu and major shareholder and JV partner Zijin Mining, which...

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