Perspective
10 October 2014
Lundin Mining secures financing for Chilean copper acquisition
Region:
Middle East & Africa
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.
