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Benzinga
Benzinga
Business
Stjepan Kalinic

Lundin Exits Europe For $1.5 Billion, Turns Focus To South America

Lundin Mining (OTC:LUNMF) has completed the sale of its two European mines to Swedish mining conglomerate Boliden AB (OTC:BLIDF) for up to $1.52 billion, dependent on future commodity prices.

The mines in question include Neves-Corvo and Zinkgruvan, operations with notable zinc production, which will enhance Boliden's status as one of the top zinc producers in the world.

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