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Lundin Mining Corp LUNMF


Primary Symbol: T.LUN

Metals & Mining Copper
Lundin Mining Corp. is a Canada-based diversified base metals mining company. The Company is engaged in metals mining with projects and operations in Argentina, Brazil, Chile, Portugal, Sweden and the United States primarily producing copper, zinc, gold and nickel. The Company’s operations include Candelaria, Caserones, Chapada, Eagle, Neves-Corvo, Josemaria and Zinkgruvan. Candelaria comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, which produce copper concentrates. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is an underground mine producing nickel and copper concentrates. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Josemaria is a large-scale copper-gold-silver project. Zinkgruvan is engaged in producing zinc, lead and copper concentrates.


TSX:LUN - Post by User

Lundin Mining Corp
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Post by Betteryear2on Jun 26, 2024 9:30am
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Post# 36106710

Lundin Mining Exercises Option

Lundin Mining Exercises OptionVANCOUVER, BC, June 26, 2024 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the Company has provided notice to exercise its option to acquire an additional 19% interest in the issued and outstanding equity of SCM Minera Lumina Copper Chile ("Lumina Copper"), which owns the Caserones copper-molybdenum mine ("Caserones'") located in Chile, from JX Advanced Metals Corporation1 ("JX") for consideration of $350 million (the "Call Option Exercise"). Closing of the additional interest in Lumina Copper is expected to occur on or around July 2, 2024.

Lundin Mining Exercises Option to Increase Ownership in Caserones to 70% and Receives Commitments to Increase the Term Loan by $350 Million (newswire.ca)
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