Lundin Mining to Pay $215M for 5% More in Caserones Mine, 30.9% in Los Helados; Stake Rises to 75%

Published: Mar 10, 2026 22:47

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Base Metal Producer Lundin Mining Agreed to Pay $215 Million to Purchase an Additional 5% Stake in the Caserones Copper/Molybdenum Mine in Chile and a 30.9% Stake in the Nearby Los Helados Project.These assets were acquired from JX Advanced Metals and its affiliates.Once the transaction is completed, Lundin Mining’s ownership interest in the business will increase from 70% to 75%.

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