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Zijin buys into Montage

Continues to expand gold presence

Paul Harris
Montage Gold's Kone in Cote d'Ivoire Credit: Montage Gold

Montage Gold's Kone in Cote d'Ivoire Credit: Montage Gold | Credits: Montage Gold

China's Zijin Mining is to buy a 9.9% stake in African gold developer Montage Gold for C$57.3 million as part of a $170 million raise priced at $1.75 per share. The Lundin family, a major shareholder in...

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