Lundin Mining Abandons Sales Process on Low Bids; CEO to Resign

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Bloomberg reported that Lundin Mining (TSE:LUN) has decided not to sell itself and the company’s CEO has stepped down.

Bloomberg reported that Lundin Mining (TSX:LUN) has decided not to sell itself and the company’s CEO has stepped down.

The market news is quoted as saying:

Chief Executive Officer Phil Wright will resign effective from June 30, in accordance with a previously announced plan, Toronto-based Lundin said yesterday in a statement.

To read the full market news, click here.

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