Nickel – Lundin Mining Corp. (TSX:LUN) closed its acquisition of Rio Tinto Nickel Company's high-grade Eagle nickel-copper mine; the company paid US$315 million for the property.
Articles Tagged "Lundin Mining"
Cobalt – What investors need to know about new mining rules in top cobalt producer Democratic Republic of the Congo.
Copper – Positive US and Chinese manufacturing data pushed copper to a short-lived, four-month high on Monday. Thereafter, copper prices slumped three days in a row as Spain became embroiled in a corruption scandal and the European Central Bank warned of risks to Europe’s economic recovery.
Copper – Bloomberg reported that Lundin Mining is actively seeking copper acquisitions in Europe and is prepared to pay up to $700 million to fund a deal.
Nickel – Lundin Mining Corporation (TSX:LUN, OMX:LUMI), a diverse mining company that produces nickel, reported the release of its production results for the fourth quarter and the entire 2012, with nickel production for Q4 at 1,705 tons and full year at 2,398 tons.
Zinc – Mineweb reported that Lundin Mining CEO Paul Conibear gave hints as to what the company was looking for in regards to copper and zinc mines.
Lower resource prices have caused many mining companies to suffer, but analysts and investors are positive about the prospects for some miners, including Teck Resources, Lundin Mining, and Newmont Mining.
Zinc – Falling zinc prices continue to weigh on miners' profits and news of softening Chinese demand has not helped the situation. But despite the slide, juniors and majors are still gearing up for the eventual supply crunch.
Cobalt – Lundin Mining Corporation (TSX:LUN,OMX:LUMI) announced the commencement of the second phase of expansion at the Tenke Fungurume copper-cobalt mine.
Cobalt – Lundin Mining (TSX:LUN,OMX:LUMI) announced that Paul Conibear has been appointed as the company's new President and CEO.