Lundin Mining is prepared to postpone its exercise of this right provided that HudBay uses its best efforts to obtain the requisite shareholder approval for the arrangement on or before March 31, 2009, which is the date HudBay set on December 30, 2008 for a requisitioned meeting to elect a new board of directors. For [...]
By Leia Michele Toovey- Exclusive to Lead Investing News On the London Metal Exchange (LME), zinc prices have nearly halved to $1,198 a tonne from the end of 2007; last Thursday, lead fell to a two-year low in London. In lead news, after reductions in automobile production, both General Motors Corp and Ford Motor Co [...]
Miner HudBay Minerals Inc. is buying Lundin Mining Corp. in a friendly deal that creates one of Canada’s biggest publicly traded base-metals companies. For full story, click here
HudBay Minerals Inc. and Lundin Mining Corporation said that they have agreed to a business combination (the “Transaction”) that will create a new Canadian leader in global mining. For full story, click here
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