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 worries about the financial markets are sending investors to Gold and the exchange-traded funds are seeing high inflows, says Commerzbank. The world’s largest gold ETF, SPDR Gold Trust, registered a rise in its holdings of almost 15 tons Thursday