Group 1 - Jiangxi Copper has agreed to acquire copper miner SolGold Plc for a valuation slightly above $1 billion [1] - SolGold accepted the latest cash offer of 28 pence per share after two previous bids were rejected, with a potential valuation of up to £867 million ($1.17 billion) when considering future share issuances [1] - The offer represents a 43% premium over the stock price prior to the initial acquisition proposal last month [1] Group 2 - The transaction arises amid rising copper prices and increased market interest in copper mines, with predictions of supply shortages due to accelerated global electrification [1] - Jiangxi Copper is already the largest shareholder of SolGold, holding just over 12% of the shares [1] - Support for the acquisition bid has been expressed by major shareholders including BHP and Newmont, as well as other investors like Maxit Capital LP [1]