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Lundin Mining surrenders bid for Nevsun

 

Published by
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.