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%.
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Russia’s first-half gold output fell 2.4 percent to 79.2 metric tons, led by a decline at Kinross Gold Corp. (K)’s mine in the Chukotka region, the country’s Gold Producers’ Union said today in a statement.
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