Lundin Mining to Pay $215M for Majority Stake in Caserones Copper Mine and Los Helados Project

Published: Mar 11, 2026 15:29

Save

Lundin Mining (TSX: LUN) agreed to pay $215 million to boost its majority stake in Chile’s Caserones copper mine and acquire a piece of the nearby Los Helados copper-gold project, strengthening its foothold in the emerging Vicuña mining district.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

20 mins ago

Congo Q1 Copper Exports Declined; LME Copper and SHFE Copper Both Closed Higher Overnight [SMM Copper Morning Meeting Minutes]

SMM Morning Meeting Summary: Overnight, LME copper opened at $13,181.5/mt, fluctuated downward in early trading to touch a low of $13,139.5/mt, then the price center moved up steadily to reach a high of $13,305/mt near the end of the session, ultimately closing at $13,296/mt, up 1.31%, with trading volume at 25,300 lots and open interest at 289,300 lots, down 2,580 lots from the previous trading day, indicating bears reducing positions. Overnight, the most-traded SHFE copper 2605 contract opened at and touched a low of 101,580 yuan/mt, then the price center surged upward to probe 102,220 yuan/mt, before moving sideways to ultimately close at 102,150 yuan/mt, up 1.44%, with trading volume at 42,000 lots and open interest at 165,300 lots, down 2,780 lots from the previous trading day, indicating bears reducing positions.

20 mins ago

36 mins ago

Shipping Data Showed Congo's Quarterly Copper Exports Dropped Nearly 15%

Shipping data showed that DRC copper exports fell 14.6% in Q1, pulling back from abnormally strong levels a year earlier, while cobalt exports saw a significant rebound after months of stagnation.

36 mins ago

17 hours ago

Data: SHFE, DCE market movement (Apr 14)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 14 Apr , 2026

17 hours ago