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%.
Shanghai steel futures stretched their losing streak to a 10th day on Friday, hitting a record low and giving steel producers more reason to shun iron ore cargoes as prices of the raw material dropped below $100 for the first time since 2009.