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%.
Suncor today announced that shipments from the Syncrude Mildred Lake Oil Sands facility have resumed following the March 14 incident.
Over the weekend, Syncrude completed the necessary repairs and start-up activities to begin shipping product by pipeline. Shipments are currently at approximately 140 kbpd (gross) and are expected to ramp up as additional units complete turnaround activities. Production is expected to return to full rates in June.