News Articles for Lundin Mining

BHP completes $3.2bn copper buy

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BHP has reiterated its appetite for copper after the completion of a US$4 billion deal for Toronto-listed Filo Corp, locking in a plan to pursue the metal in South America alongside Lundin Mining.

BHP invests $3.2bn in copper

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BHP plans to form a joint venture with Canada's Lundin Mining to develop two copper projects in South America, highlighting its keen focus on the ‘future facing' commodity.

K2fly reveals 20 per cent growth in recurring revenue

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Mining technology business K2fly has delivered a 20 per cent boost to its annual recurring revenue, with new sales and contract renewals driving the key performance metric from $7.5 million in the fourth quarter of FY23 to $9 million in the fourth quarter of FY24. Cash receipts from customers of $4.6 million also jumped by 28 per cent during the same period.

Newcrest posts drop in FY output

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Newcrest Mining has achieved its production guidance for the 2020 financial year, however, the goldminer's full-year output was 13 per cent down on the prior year.

Business bounce for HiSeis 3D

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There is a fine line between success and failure in the minerals exploration game, however Bentley-based firm HiSeis is helping companies to hit pay dirt faster and more frequently.

Equinox calls Minmetals offer "lowball"

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Equinox Minerals says Minmetals Resources $C7.00 per share takeover offer is "clearly opportunistic" and a "lowball price".

Lundin knocks back Equinox bid

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Canada's Lundin Mining has told its shareholders to reject Equinox Mineral's $4.9 billion hostile takeover, saying it is "financially inadequate" because of the number of conditions attached to the offer.

Equinox raises production, profits

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Equinox Minerals has reported an after tax profit of $US269 million in the 12 months to December 31, on the back on increased copper production and improved operational performance at its Lumwana copper mine in Zambia.

Equinox bids $C4.8b for Canada's Lundin

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Fresh from its $1.2 billion takeover of Citadel Resource Group, West Perth-based Equinox Minerals has launched a $C4.8 billion ($A4.83 billion) bid for Canadian base metals producer Lundin Mining Corporation.