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%.
Canada’s Kinross Gold (K.TO: Quote) will invest $1.1 billion in Ecuador’s Fruta del Norte gold project until 2016 and could begin digging an underground mine next year, a company executive said on Wednesday.
