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%.
It has been brewing for some time, but the revelation that Chinese state-owned company Shenhua Watermark Coal had spent about $200 million buying up 43 farms on prime agricultural land near Gunnedah in New South Wales has led to calls to halt the so-called foreign “land grab”.