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%.
This Graph was released as part of the article Why it all boils down to Counterparty Risk
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Silver Bullion Pte Ltd (UEN 200907537M) provides segregated ownership of gold, silver and platinum and focuses on minimizing storage, counterparty and jurisdictional risks in a manner that traditional financial institutions cannot. We eliminate counterparty default risk through legal title ownership (not credit) of authenticated property (segregated bullion) and protect the property with ‘beyond all risk’ insurance (find out more). Most importantly, our exclusive local Singapore jurisdiction isolates us from Western nationalizations, escheatings or confiscations. Rooted firmly in Singapore we procure and authenticate bullion (173.2 metric tons since 2009), store it for customers (102.4 metric tons since 2011) and create liquidity by buying back bullion as well as enabling customers to securely lend to and borrow from each other via Secured Peer to Peer Lending program.
