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%.
Lundin Mining Corp., the base-metals company founded by the billionaire Swedish Lundin family, likely has one or two more acquisitions in its future — but is in no rush to get there.
“We’d like to have five or six operating mines that all have a decent life and a decent quality,” Chief Executive Officer Paul Conibear said in an interview this week from the company’s Toronto headquarters. “We have four now.”