Lundin Mining

Lundin Mining grabs Brazilian mine from Yamana in $1B deal

The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of gold this year.

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Lundin Gold to step up exploration in Ecuador thanks to $38m financing

A syndicate of underwriters, co-led by GMP Securities and BMO Capital Markets, had agreed on a bought deal basis to buy 7.5 million shares at C$5.40 each.

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Newcrest ups stake in Ecuador with Cornerstone deal

Australia’s largest gold producer has signed an option and farm-in agreement with Toronto-listed Cornerstone Capital Resources over two early stage projects in Ecuador.

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China’s Zijin plans selling $1.2B worth of shares to fund Nevsun takeover

China’s No.1 gold miners aims to sell up to 3.4 billion A shares to investors, a plan which is subject to shareholder and regulatory approval.

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