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%.
a href=”http://www.theaustralian.com.au/business/opinion/hong-kong-jewellers-cashing-in-on-chinas-appetite-for-the-yellow-metal/story-e6frg9if-1226263136194″ target=”_blank”>The Australian reports over the past month they’ve been impossible to miss:
On billboards across Hong Kong, throughout its subway network and all over its buses have been huge advertisements for little gold dragons.
Hong Kong’s jewellers have been determined to cash in on mainland China’s obsession with all things Chinese New Year (and the newly arrived Year of the Dragon is considered a particularly auspicious one) and all things gold.