Lundin Could Pay up to $700 Million for European Copper Deal

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.

As quoted in the market report:

Lundin has copper operations in Spain and Portugal, and a stake in a copper-cobalt deposit in the Democratic Republic of Congo. Producers of the conductive metal, used in wires and pipes, have expanded to take advantage of increasing demand in China. Copper prices have more than doubled in four years.

To view the whole Bloomberg report, click here. 

Get the Latest Copper Investing Stock Information

Get the latest information about companies associated with Copper Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

CUU logo_1 color blackIn 2014 Copper Fox Metals Inc. (TSXV:CUU) added approximately 1.8 billion pounds of copper as well as 140,000 ounces of gold contained within the Inferred resource category to its metal holdings. Connect with CUU to learn more.

Leave a Reply