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%.
Reuters reported that production of all main metals fell in Peru in 2011 from the previous year as depleted reserves and lower ore grades hit the major global producer. The mining ministry said that Peru yielded 1.2 million tonnes of the red metal in…
