Lundin Mining Corp T.LUN

Alternate Symbol(s): LUNMF

Metals & Mining Copper

Lundin Mining Corporation is a diversified Canadian base metals mining company. It has operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, producing copper, zinc, gold and nickel. Its operations include Candelaria, Caserones, Chapada, Eagle, Josemaria Project, Neves-Corvo and Zinkgruvan. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, that 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 located in the Upper Peninsula of Michigan, United States, in Michigamme Township of Marquette County. Josemaria is a large-scale copper-gold-silver project. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Zinkgruvan mines underground from several orebodies.

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Lundin Mining Corp

Bullboard Posts

Comment by retep6on Mar 30, 2011 11:52am

260 Views

Post# 18361234

RE: RE: RE: RE: RE: break fee

Well, in any event, as an analyst on BNN said this morning, the break-up fee amounts to about 20 cents/share for Lundin shareholders -- a small price to pay for an opportunity to get an offer worth a couple dollars/share higher.

So now the chatter is whether Freeport (the only name that seems to get mentioned by most talking heads) or someone else will step up and top the Equinox offer. Not sure who else would be interested, BHP already has lots of copper, and I don't think Teck is in a shopping mood, but I'm sure there are other names out there that would like to get a piece of Tenke.

Thanks for the replies.

GL longs

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