Lundin Mining surrenders bid for Nevsun
Published by Claire Cuddihy,
Assistant Editor
Global Mining Review,
On Thursday last week, Lundin Mining Corporation (Lundin Mining) announced that, regarding the 5 September 2018 proposal by Zijin Mining Group Co. Ltd. to acquire Nevsun Resources Ltd. (Nevsun), Lundin Mining does not intend to amend any of the terms of the company’s previously announced 26 July 2018 bid for all of the issued and outstanding shares of Nevsun.
Lundin Mining reportedly continues to pursue strategic growth opportunities.
Read the article online at: https://www.globalminingreview.com/finance-business/10092018/lundin-mining-surrenders-bid-for-nevsun/
You might also like
ABB report identifies mine hoist maintenance strategy to help boost annual production
ABB has completed a study to benchmark current hoisting maintenance strategies, observing that, on average, companies could achieve more than a month of additional production time annually.