Zijin Mining to acquire 9.9% stake in Montage Gold for CAD57.3m.

Zijin Mining, a Chinese gold, copper and non-ferrous metals producer, agreed to acquire 9.9% stake in Montage Gold, a Canadian-listed company developing gold projects in Africa, for CAD57.3m. “We are pleased to welcome Zijin as a major shareholder, following their in-depth due diligence and site visit. This investments strengthen our ability to deliver on our strategy to become a premier multi-asset African gold producer and validate the potential of our Koné gold project in Côte d’Ivoire," Martino De Ciccio, Montage CEO.