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    cobalt investing

    China’s Jinchuan Silent on Media Reports Regarding Lundin Mining Bid

    Written by Investing News Network
    |
    May. 02, 2011 08:40AM PST

    Mineweb reported that Jinchuan Group has not yet confirmed whether they are officially in the running to purchase Lundin Mining (TSE:LUN).

    Mineweb reported that Jinchuan Group has not yet confirmed whether they are officially in the running to purchase Lundin Mining (TSX:LUN).

    The editorial is quoted as saying:

    Lundin’s response to the speculation was to reiterate its previous announcement “that it is undertaking a strategic process to explore options to create shareholder value and shareholders will be advised of any material developments in this regard.”

    To read the full editorial, click here.

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