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%.
Gold moved back over $1700 and silver over $34 in morning trade today as there were signs of a pick up in eastern demand and the increased likelihood that the Greek bondholders would accept the 70% ‘haircut’.