TSX:LUNMetals and Mining
Lundin Mining Expands Chilean Copper Exposure As Valuation Signals Upside Potential
Lundin Mining (TSX:LUN) agreed to acquire an additional 5% interest in the Caserones copper molybdenum mine in Chile.
The company will also acquire a 30.9% interest in the Los Helados Project from JX Advanced Metals Corporation.
The total consideration for the transaction is US$215 million.
The boards of both companies have approved the deal, which is expected to close in April 2026.
The acquisition is expected to add copper production and contribute immediate free cash flow once...