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%.
Other bidders, including Kalahari’s long-term suitor, Rio Tinto, may balk at the prospect of a bidding war with China despite the opportunity of gaining access to one of the world’s largest uranium deposits.
