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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 Mar 20, 2012 10:31am
328 Views
Post# 19694161

RE: RE: Articles on Copper and Zinc

RE: RE: Articles on Copper and Zinc

Markets are being ridiculous...Today especially on BHP comment a day after the Australia imposed the mining tax not on China since China raised fuel prices and their housing off but China still stating they are going for soft landing and BHP still stating confidence in China having soft landing and going forwarded with their projects anyway with no change in their valuations on their projects. They said flattening iron ore prices not falling prices a slow down which everyone expected and a soft landing from China in which we all know China will do something about it anyway in their due time. Commodities falling on rise of US greenback even with US data on housing amongst other recovery for their employment, was not bad decent copper falls on China instead. Interesting enough China already considering to flex their yuan and reforming their curruncey which funny no one is speaking about it, even though the IMF mentioned it today and China has talked about their yuan for the last few weeks. The scare today was just to bring down the commodities on rallies recently which can be argued that the TSX has not risen on the back of good economic data stemming from the US nor has the commodities really looking at the copper stocks were strangled on flat copper pricing back and forth one day copper is good next day flat next day fall. Nor has the TSX risen when the commodities have risen and the US greenback falling. LUN has been flat and normally I agree goes with the boarder markets with TSX but has not lately even when copper has risen along with other copper equities have been doing the same. What hit the market in first place with Greece and Eurozone garbage eases and stocks do gain back what was lost from this mess and get hit harder than normal and get nothing of a boost when things ease. Makes you wonder the manipulations going on with the markets. JMHO

Bullboard Posts