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%.
Minerals processing and project management company MDM Engineering has been awarded the feasibility study for a 2.4-million-ton-a-year carbon-in-leach (CIL) gold plant, which will treat reclaimed tailings, and a flotation plant to process unrefined tailings for gold miner African Barrick Gold’s 100%-owned subsidiary, the Bulyanhulu gold mine, in Tanzania. Read more