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%.
SAO PAULO, BRAZIL–(Marketwired – May 13, 2013) – Brazil Minerals, Inc. (OTCQB:BMIX) (“Brazil Minerals” or “BMIX”), a precious minerals producer with resources and assets in Brazil, announced that it has added gold revenues to its diamond operations and acquired a majority ownership stake in Mineração Duas Barras Ltda. (“Duas Barras”), a Brazilian diamond and gold producing mining company.