Lundin Loss Nears US$1B In 2008
VANCOUVER — Lundin Mining (LUN-T, LMC-N) lost almost US$1 billion in 2008 and now carries US$267 million in debt following the failure of a planned merger with HudBay Minerals (HBM-T, HBMFF-O), but t…
VANCOUVER — Lundin Mining (LUN-T, LMC-N) lost almost US$1 billion in 2008 and now carries US$267 million in debt following the failure of a planned merger with HudBay Minerals (HBM-T, HBMFF-O), but t…
The week leading up to the Prospectors and Developers Association of Canada, the eighth trading week of the year, continued to see fallout from HudBay Minerals’ failed takeover of Lundin Mining,
Vancouver – After spending $460 million to acquire a nickel project that’s now unfeasible to develop and then att…
Vancouver – Lundin Mining (LUN-T) lost almost US$1 billion in 2008 and now carries US$267 million in debt followi…
VANCOUVER — HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) have officially cancelled their merger plans. The move, however, is no surprise because the deal had already been essenti…
The seventh trading week of 2009 closed out with news of profound cash-flow problems at the iconic diamond miner De Beers, underscoring the global collapse in demand for luxury goods such as diamonds.
With one ruling from the Ontario Securities Commission (OSC), the futures of both HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) have been drastically altered.
The unravelling of the controversial HudBay-Lundin merger was the biggest mining story in Canada during the week ended Jan. 24, the third trading week of the year, as weeks of relative quiet over the …
With one ruling from the Ontario Securities Commission (OSC), the future of both HudBay Minerals (HBM-T, HB…
The Ontario Securities Commission (OSC) has taken a firm stand on the side of shareholder’s rights.
Vancouver — What was supposed to be a friendly merger between HudBay Minerals (HBM-T, HBMFF-O) and Lundin Mining (LUN-T, LMC-N) is turning into a nasty battle, as groups of HudBay shareholders demand…
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 …
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