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%.
Comex gold futures prices are trading slightly higher Thursday morning, while silver futures are modestly lower.
Some mild profit-taking pressure has surfaced in the precious metals, following their recent gains that took gold to a record high and silver to a nearly three-month high.