Lundin Mining Completes the Transaction to Increase Ownership in Caserones to 70%
VANCOUVER, BC, July 2, 2024 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce the closing of the option to acquire an additional 19% interest in the issued and outstanding equity of SCM Minera Lumina Copper Chile (“Lumina Copper”), which owns the Caserones copper-molybdenum mine (“Caserones’”) located in Chile, from JX Advanced Metals Corporation[1] (“JX”), as previously announced on June 26, 2024 (the “Call Option Exercise”). The consideration for the Call Option Exercise was paid for in cash and consisted of a