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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

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.


TSX:LUN - Post by User

Bullboard Posts
Comment by boredhousewifeon Sep 19, 2011 7:46pm
271 Views
Post# 19059319

RE: RE: RE: RE: RE: Could anyone tell me, what hap

RE: RE: RE: RE: RE: Could anyone tell me, what hapChina does what is best for China. They own US behinds they are the largest debt holder of US debt while lately have been buying US debt along with Japan. While they hedge their debt towards gold and silver. They will gobble every thing at low prices in resources. Chinese government not stupid they are doing exactly what they are suppose to do. Chinese already consuming everything in sight and will continue to do so and their GDP will land nicely to rein in the inflation all the while their yuan stays competitive and rise on their own. China has no choice but to buy some of the Eurobonds because they trade most with Eurozone but doesn't mean they will put out the whole horse for them they know where the limit will be and flex their own muscles for what they want from Eurozone, just like they have done with the rare earth metals. China in the end will own a huge chunk of power from US and Eurozone. China will continue to grow and consume and India not far behind if anyone thinks these two countries will not expand more and need more within the next few years give your head a shake, most likely these two countries China and India will do battle for the resources. China has already overtaken Japan, as second largest economy how many more years will it take for China to over take US not far off. Powers have shifted in the last few years. It will continue to shift if Eurozone and US cannot get their act together. It is already happening in the investment of foreign markets and most already shifting to China, India, Brazil, Russia all the BRIC nations seemingly holding a lot more powers in their hands over the developed countries. JMHO
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