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%.
China’s first precious metals spot exchange began trading Tuesday in Chengzhou in Hunan Province.
The Hunan South Rare Precious Metals Exchange is based in China’s silver capital in Yongxing County. Its first four products to be listed are silver, bismuth, indium and tellurium.