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%.
KALGOORLIE Australian miner expects its top shareholder, China’s Zijin Mining , to lift its stake to 19.9%, using Norton to expand offshore, Norton’s chief executive said. Zijin, China’s top gold producer, last week agreed to invest $30-million in