Lundin Mining has completed its acquisition of Chapada mine from Yamana Gold for $800m.

Lundin Mining, a diversified Canadian base metals mining company has completed its acquisition of Chapada mine, copper mine from Yamana Gold, a Canadian-based gold, silver and copper producer for $800m. "The acquisition of Chapada complements Lundin Mining’s existing portfolio of high-quality mines and highlights our focus on disciplined capital allocation to create long-term shareholder value. Chapada is a well-run, established operation with an experienced local workforce. Leveraging our technical expertise, base metals focus and financial strength, we believe further opportunities exist to create meaningful stakeholder value. The addition of Chapada further solidifies Lundin Mining’s position as a leading intermediate base metals producer with high-quality lowcost copper exposure," Marie Inkster, Lundin Mining President and CEO.