Zijin Mining to take 9.9% stake in Montage Gold
As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.
The competition to secure contracts in the African mining industry has become increasingly stiff from Australian and Canadian companies, reports process engineering and project management company Bateman Engineering sub-Saharan Africa MD Tollie Nel. Read more
