financetom
Business
financetom
/
Business
/
Boliden agrees to buy two mines from Lundin Mining
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Boliden agrees to buy two mines from Lundin Mining
Dec 8, 2024 10:50 PM

STOCKHOLM, Dec 9 (Reuters) - Swedish mining group

Boliden said on Monday it had agreed to buy the

Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden

from Lundin Mining ( LUNMF ).

It said in a statement it would pay $1.3 billion, plus

contingent payments that can reach up to $150 million, for the

mines.

"The transaction, that considerably strengthens Boliden´s

mine production as well as internal zinc and copper concentrate

supply, is subject to customary regulatory approvals," it said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Meta, Google, Snapchat to Face Lawsuit on Addiction Claims, US Court Says
Update: Meta, Google, Snapchat to Face Lawsuit on Addiction Claims, US Court Says
Nov 3, 2024
09:42 AM EDT, 10/25/2024 (MT Newswires) -- (Updates to add response from Google ( GOOG ) spokesperson in the fifth paragraph.) Meta Platforms ( META ) , Alphabet's (GOOG) Google ( GOOG ), Snap (SNAP), and TikTok will have to face some of the claims made by school districts and local government entities over their allegedly addictive apps causing mental...
--Burke Herbert Financial Services Lifts Cash Dividend to $0.55 per Share; Payable Dec. 2 to Holders as of Nov. 15
--Burke Herbert Financial Services Lifts Cash Dividend to $0.55 per Share; Payable Dec. 2 to Holders as of Nov. 15
Nov 3, 2024
09:42 AM EDT, 10/25/2024 (MT Newswires) -- Price: 64.42, Change: +1.31, Percent Change: +2.08 ...
BRIEF-Territorial Bancorp Glass Lewis Recommends That Territorial Shareholders Vote
BRIEF-Territorial Bancorp Glass Lewis Recommends That Territorial Shareholders Vote "For" Company's Pending Merger With Hope Bancorp
Nov 3, 2024
Oct 25 (Reuters) - Hope Bancorp Inc ( HOPE ): * TERRITORIAL BANCORP INC ( TBNK ): GLASS LEWIS RECOMMENDS THAT TERRITORIAL SHAREHOLDERS VOTE FOR COMPANY'S PENDING MERGER WITH HOPE BANCORP Source text for Eikon: Further company coverage: ...
Johnson & Johnson Says Tremfya Achieves Statistical Significance Across Primary Endpoints in Phase 3b Study
Johnson & Johnson Says Tremfya Achieves Statistical Significance Across Primary Endpoints in Phase 3b Study
Nov 3, 2024
09:00 AM EDT, 10/25/2024 (MT Newswires) -- Johnson & Johnson ( JNJ ) said Friday that its skin treatment, Tremfya, has achieved statistical significance across all primary endpoints in a phase 3b study. The company said the study showed that treatment with Tremfya resulted in clear or almost clear skin in most patients with low body surface area moderate plaque...
Copyright 2023-2025 - www.financetom.com All Rights Reserved