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%.
SEOUL, Aug 2 (Reuters) – South Korea’s central bank said it bought 25 tonnes of gold between June and July to diversify its foreign reserves, its first purchase in more than a decade, boosting its total gold holding to 39.4 tonnes. The Bank of Korea said