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%.
PERTH (miningweekly.com) Brazilian mining giant Vale has signed a $20-million farm-in agreement with Australian listed junior Goldminex Resources over its Papua New Guinea copper assets. Under the farm-in agreement, Vale had the right to earn a 51%