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%.
The Shanghai Futures Exchange (ShFE) will lower margin requirements and trading limits for base metals, stainless steel and silver from April 6, it said on Tuesday.
Margin requirements for copper and aluminum will be lowered from 12% to 9%, while that for nickel will be lowered from 19% to 12%, according to the exchange.
(By Albee Zhang, Siyi Liu and Dominique Patton)
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