June 18, 2018 / 3:27 PM / 2 months ago

BUZZ-Arizona Mining: All-time high on bid from Australia's South32

** Canadian miner’s shares up 48.6 pct at C$6.14, its biggest one-day gain in 9 yrs and at a record high

** Australian manganese miner South32 Ltd, which holds 17 pct stake in co, bids C$1.3 bln to take full control of Arizona Mining

** Offer of C$6.20 per share, represents 50 pct premium to AZ’s last close of C$4.13

** Up to Friday’s close, stock had risen 19.4 pct this year (Reporting by Karan Nagarkatti)

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