Lundin Mining ups Caserones ownership to 70%

Lundin Mining said it has opted to exercise its option to acquire an additional 19% interest in its equity position for SCM Minera Lumina Copper Chile, or Lumina Copper, owner of the Caserones copper-molybdenum mine in Chile. The deal with JX Advanced Metals Corporation carries a price tag of $350 million. Closing is expected on or around 2 July. The…

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