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Lundin Mining Signs Option Agreement To Acquire Copper Project In Spain

4/11/2012 5:44 PM ET

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.

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by RTT Staff Writer

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