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Underground at Lundin Mining's Galmoy zinc-lead mine, in Kilkenny Cty., Ireland. HudBay Minerals has struck a contentious deal to take over Lundin, which is nearly $300 million in debt, valuing the company at around $2.08 per share.

HudBay Bids For Lundin

Vancouver — In a move that took investors and analysts by surprise, HudBay Minerals (HBM-T, HBMFF-o) and Lundin Mining (LUN-T, LMC-n) plans to merge into what they hope will be the next major global …


U. S. MARKETS – NOV. 18-24

U. S. stock indices were mixed during the Nov. 18-24 trading session. The Dow Jones Industrial Average gained 170 points, or 2.1%, to 8,443; the S&P 500 Index rose 1 point, or 0.1%, to 852; and th…


TORONTO STOCK EXCHANGE – NOV. 18-24

The S&P-TSX Composite Index took another beating over the Nov. 18-24 trading period with the mining sector especially hard hit. The index fell 4%, or 355 points to 8,441 points for the week after …


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