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%.
Canada’s nuclear regulator said on Wednesday it has decided to renew Cameco Fuel Manufacturing’s licence for a nuclear fuel facility in Port Hope, Ontario for a 20-year period.
The Canadian Nuclear Safety Commission said in a statement it authorized raising the annual production limit to 1,650 tonnes of uranium as part of the new licence, which will be valid from March 1, 2023 to February 28, 2043.
(By Ismail Shakil and Steve Scherer)
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