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%.
ACCRA Ghana gold production rose 14% for the first quarter of 2011 versus a year ago to 796 797 oz, and gold revenues during the same period soared 47% to $1.15-billion, the West African nation’s chamber of mines said on Friday. Ghana is Africa’s