Lundin Mining secures financing for Chilean copper acquisition

Region:

Middle East & Africa

Jonathan Bell

Editor-in-chief

Toronto-listed, Lundin Mining has struck an agreement with Freeport-McMoRan to purchase Freeport’s 80% ownership stake in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure in Chile. Lundin has agreed to pay a cash consideration of $1.8 billion.

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