M&A

Lundin increases stake in Caserones to 70%

The Canadian miner exercised its option to increase its current 51% stake early

The Caserones open pit copper-molybdenum mine in Chile. Credit: Lundin Mining

The Caserones open pit copper-molybdenum mine in Chile. Credit: Lundin Mining

Lundin Mining plans to acquire an additional 19% interest in Lumina Copper, which owns the Caserones copper-molybdenum mine in Chile, for $350 million. The additional 19% stake brings Lundin's ownership...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.