Montage Gold secures $75M from Zijin Mining for a portion of its future gold production.

Montage Gold has completed a US$75 million deal with Zijin Mining. The arrangement is a fully redeemable subordinated gold stream, which means Zijin Mining will receive a portion of Montage Gold's future gold production in exchange for the upfront capital. This type of financing is common in the mining industry, providing companies with necessary funds while sharing future profits.

3 months ago
3 Articles

Further Reading