Equinox May Sell Lundin Assets to Cut Debt

Bloomberg reported that Equinox Minerals (ASX:EQN) may sell some of Lundin’s (TSE:LUN) assets to reduce the company’s debt.

Bloomberg reported that Equinox Minerals (ASX:EQN) may sell some of Lundin’s (TSX:LUN) assets to reduce the company’s debt.

The market news is quoted as saying:

Lundin has a stake in a copper and cobalt venture in the Democratic Republic of Congo as well as operations in Portugal, Spain, Ireland and Sweden.

Project Acquisition and Placement