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Lundin fails to soar on Eagle East

Investors responded coolly to diversified Canadian miner Lundin Mining’s (CN:LUN) plan to spend US$102 million developing the Eagle East nickel-copper project on the back of a robust feasibility study and maiden reserve.

Mining Journal
Lundin Mining’s Eagle mine

Lundin Mining’s Eagle mine

The project will be an extension of its Eagle mine in Michigan, US, and the company has approved the full development pending amendments to the mining permit. Eagle East lies 2km east and 600m below...

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