Lundin Mining Announces Closing of the Acquisition of Majority Interest in the Caserones Copper-Molybdenum Mine in Chile and Commitments for New $800 Million Term Loan
TORONTO, July 13, 2023 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pleased to announce the closing of the acquisition of fifty-one percent (51%) of 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 Metals Corporation and certain of its subsidiaries (collectively, “JX”), as previously announced on March 27, 2023 (the “Acquisition”). Additionally, the Company is pleased to announce it has obtained