Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Lundin Mining Signs Option Agreement To Acquire Copper Project In Spain

Lundin Mining Corp. (LUN.TO: Quote) Wednesday said it inked a purchase option agreement to acquire an 80 percent interest in the Touro copper project. The project located in northern Spain is owned by two private Spanish companies.

The agreement gives Lundin Mining an exclusive option until October 1 to purchase an 80 percent interest in the project, pending satisfactory completion of due diligence, by paying 60 million euros.

Click here to receive FREE breaking news email alerts for Lundin Mining Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Pro-democracy demonstrations in Hong Kong demanding greater electoral reform entered the sixth day on Wednesday, which also marks China's 65th National Day. Thousands of protesters continue to occupy parts of downtown Hong Kong vowing not to leave until they achieve their goals. They want China... Employment in the U.S. private sector increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday, with employment rising by more than 200,000 jobs for the sixth straight month. After ending each of the two previous sessions modestly lower, stocks may see some further downside in early trading on Wednesday. The major index futures are currently pointing to a moderately lower open for the markets, with the Dow futures down by 34 points.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.