Lundin Mining Corporation
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COPPER: Lundin to buy Freeport’s interest in Candelaria complex
CHILE – Lundin Mining Corp. of Toronto has agreed to purchase Freeport-McMoRan’s 80% share of the Candelaria-Ojos del Salado copper mining operation for US$1.8 billion. The operation includes an open pit, an underground mine, and a…
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NICKEL-COPPER: Production begins at Lundin’s Eagle mine
MICHIGAN – Toronto-based Lundin Mining Corp. says concentrate production has begun at its high grade Eagle nickel-copper mine in this state’s Upper Peninsula. Construction is virtually complete, on time and on budget. The mine will make…
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Top 40: Not Much has Changed
This is the time of year we at CMJ pause to examine how Canada’s mining companies performed during the previous year. We start by poring through year-end 2013 results from twice as many companies as will make the list in an effort not to…
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RESULTS: Roundup for the second quarter
This is the season for corporations to announce their second quarter results, both financial and operational. As expected, the news releases are arriving at the inbox in large numbers. Yesterday we offered results from Sherritt and North…
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MINING PEOPLE: Garth Kirkham, Lundin, and the World Gold Council
Garth Kirkham, principal at Kirkham Geosystems of Burnaby, BC, is the recipient of two national awards this year. He has been named a Distinguished Lecturer by the CIM recognizing his expertise in the art and science of 3-D modelling and…
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NICKEL-COPPER: Lundin secures financing for Eagle mine
MICHIGAN – Lundin Mining Corp. of Toronto has secured commitments from a syndicate of lenders for a $250 million loan with which to advance the Eagle nickel-copper project in the Upper Peninsula, near Marquette. The new credit agreement…
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Taking a closer look at Taseko’s options
Taseko Mines could become a consolidator in British Columbia and also prey to companies like Lundin Mining, Capstone Mining or Teck Resources, Chris Chang of Laurentian Bank Securities says.
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BASE METALS: Lundin adds up 2013, proposes 2013 targets
TORONTO – Lundin Mining Corp. is pleased with 2012 production numbers that are near the high end of the announced targets. The company finished the year with an output of 102,050 tonnes of copper, 122,204 tonnes of zinc, 38,464 tonnes of…
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COMMENT: Barrick tops list of sustainable Canadian miners
Corporate Knights, a specialized media and investment research company based in Toronto, has released its first Canadian mining sustainability ranking. The researchers measured the performance of 52 Canadian miners against 12 sustainability…
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Forty of our Finest
Reports have been read. Numbers crunched. Comparisons made. Now our annual look at Canada’s Top 40 mining companies is ready.
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Inmet finances Cobre Panama under majority ownership
VANCOUVER — Toronto-based major Inmet Mining has opted to retain its majority interest in the world-class Cobre Panama copper-gold project through development financing, as the company announced a hybrid plan that would see it shoulder…
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EXPANSION: Tenke Fungurume grows, on target for 2013 start
DEMOCRATIC REPUBLIC OF CONGO – The US$850 million phase 2 expansion at the Tenke Fungurume copper and cobalt mine is on track for completion in 2013. Copper cathode production will rise to 195,000 t/y, and cobalt hydroxide output…