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%.
In 2010 about 1.9 million US jobs were directly and indirectly related to mining.
And while America is still shaking off the effects of the financial crisis in 2008, the mining sector has proven a stabilizer for resource-rich states
Here from the National Mining Association are the top mining states in the US ranked by the value of mineral production from 2011:
[meteor_slideshow slideshow=”top-mining-states-in-the-us-slides” metadata=”timeout: 150000, speed: 150000 “]
Comments
Jim Mitchell
There are a couple of errors in this article.
1. Goldstrike is a Barrick mine. They are not separate companies.
2. Bagdad Copper is a Freeport-MacMoran company, and only one of the mines in Arizona which make Freeport such a significant contributor to Arizona’s economy.