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%.
Premier Kathleen Wynne says Ontario is moving ahead with building roads into the Ring of Fire region.
The provincial government has been talking with the chiefs of the Matawa First Nations for years, since it pledged $1-billion in 2014 to fund infrastructure into the chromite-rich area.
The premier’s announcement comes three months after she told nine First Nations in the region she wanted to see progress in weeks, not months, on discussions about the roads or she would move to bilateral talks with individual communities.
