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%.
In a severe measure likely to lower the appetite for gold in the world’s biggest bullion consumer, the Indian government has doubled import duty, in a move that could make gold smuggling and black market an attractive proposition all over again.
