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Lundin Mining’s US$950 million acquisition of a 51% controlling interest in the Caserones copper mine in Chile will boost its annual copper production 50% from 250,000t to 374,000t and add molybdenum to the suite of minerals the company produces.
JX Nippon Mining & Metals' Caserones in Chile
During the analyst conference call about the transaction, company executives said the purchase stands on the merits of the mine and its 60,000-hectare exploration package.
Another Vicuña district discovery
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