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%.
According to the preliminary data released by the country General Administration of Customs, China coal exports decreased further to 790,000 tonnes in October of the current year down 34.7% or 420,000 tonnes from 1.21 million tonnes in September.
From January through October, China exported a total of 12.91 million tonnes of coal down by 20.8% or 3.39 million tonnes compared with the same period last year. The export value amounted to USD 2.387 billion surging 26.9%YoY.