Boliden to acquire Swedish and Portuguese mines from Lundin Mining for $1.45bn.

Boliden, a Swedish multinational metals, mining, and smelting company, agreed to acquire Swedish and Portuguese mines from Lundin Mining, a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel, for $1.45bn. ”Neves-Corvo and Zinkgruvan have played a significant role in catalyzing the Company to become a multi-asset base metals producer of global scale. I want to thank the teams for their dedication and hard work over the years; the Company would not be where it is today without these two long-life mining operations. We believe these operations will be an excellent strategic fit under Boliden’s operatorship, and the employees and local stakeholders will benefit from the new ownership and highly experienced management team," Jack Lundin, Lundin Mining President and CEO.