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%.
With the vote of two Republicans who crossed party lines, the Nevada State Senate approved Senate Joint Resolution 15, which will eliminate constitutional caps on Nevada’s net proceeds of mines tax.
Two Republicans, Sens. Ben Kieckhefer of Reno and Michael Roberson of Las Vegas, joined Senate Democrats in voting for the resolution, which now goes to the Assembly.