News: TIE China's Zhaojin Mining raises buyout offer for Australia's Tietto Minerals

April 15 (Reuters) - Chinese gold miner Zhaojin Mining Industry 1818.HK on Monday said it is increasing its offer for Australia's Tietto Minerals (TIE) , now valuing it at A$768.3 million ($497.46 million).

Zhaojin in October 2023 had bid for the Australian gold explorer for about A$629 million.

($1 = 1.5446 Australian dollars)