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%.
JOHANNESBURG, Aug 1 (Reuters) – South Africa’s National Union of Mineworkers (NUM) said no progress was made in talks on Monday to end a strike against the country’s main gold producers that is costing them up to $25 million a day in lost output. The