Kinross Gold (TSX: K; NYSE: KGC) acquired the Fruta del Norte gold project in Ecuador through its US$1.2-billion acquisition of Aurelian Resources in 2008, but heated local opposition forced the gold producer to abandon the project in 2013…
VANCOUVER — Rumours had been swirling for months over Lundin Mining’s (TSX: LUN; US-OTC: LUNCF) eyeing of Freeport-McMoRan’s (NYSE: FCX) 80% stake in the Candelaria copper-mining complex in Chile’s Atacama province, and…
With the start of concentrate production and the completion of mill commissioning ahead of schedule and under budget at Lundin Mining’s (TSX: LUN) high-grade Eagle mine in Michigan, the company is poised to start shipments of the first…
Over the last two years, the management team at Talon Metals (TSX: TLO; US-OTC: TLOFF) looked at more than 700 projects before it found one that it believed could be a company-maker.
VANCOUVER — Lundin Mining (TSX: LUN; US-OTC: LUNMF) looks to be on point at its newest acquisition, namely the Eagle nickel–copper mine, 45 km northwest of Marquette, Mich. The base metal miner picked up the asset from Rio…
Lundin Mining (TSX: LUN; US-OTC: LUNMF) continues to be a market darling, largely because of its position in the world-class Tenke Fungurume copper mine in the Democratic Republic of the Congo.
Higher gold prices — up US$5.50 during the week to US$1,254.10 per oz. — helped lift the S&P/TSX Composite Index 1.02%, or 140.68 points, to 13,888.21. The S&P/TSX Global Gold Index climbed 6.67%, or 11.12 points, to 177.81;…
Chris Chang of Laurentian Bank Securities has initiated coverage of Lundin Mining (TSX: LUN) with a buy rating and a target price of $5.50 per share and argues the company is well positioned to capitalize on the weak commodity price environment…
VANCOUVER — Rio Tinto (NYSE: RIO; LSE: RIO) has taken another step in its effort to sell non-core assets and reduce its debt with a deal to sell its 80% stake in the Northparkes copper mine in Australia to China Molybdenum (US-OTC: CMCLF)…
To state that interest rates drive financial markets is to state the obvious. But defining the relationship between rates and mining stocks is a more difficult matter.
VANCOUVER — Lundin Mining (LUN-T) has been shopping for a base metal asset to add to its production portfolio, and on June 12 the company found a partner in Rio Tinto (RIO-N, RIO-L), which was looking to unload its development-stage Eagle…
VANCOUVER — Diversified base metal producer Lundin Mining (LUN-T) is on target to meet its guidance this year despite lower-than-anticipated production during the first quarter at its wholly owned Zinkgruvan zinc-lead-copper mine, 200 km…
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