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%.
Latest issue of International Mining Project News available (May 22): There has been much talk of gold and silver in the last few weeks on the back of GFMS and World Gold Council figures aswell as gold’s recent price surge. It is not surprising therefore that both metals have a significant presence within this issue of project news. With 38 projects featuring gold and 13 featuring silver there is undoubtedly a trend. Nonetheless, this issue shows that there is still lots going on outside of these two metals. (more…)