Currently viewing Global edition

Lundin to buy Chapada for US$1 billion

Lundin Mining has agreed to buy the Chapada copper and gold mine in Goiás, Brazil, from Yamana Gold for more than US$1 billion as it continues to expand its production base.

Lundin to buy Chapada for US$1 billion Lundin to buy Chapada for US$1 billion Lundin to buy Chapada for US$1 billion Lundin to buy Chapada for US$1 billion Lundin to buy Chapada for US$1 billion

Chapada in Brazil

Yamana will receive $800 million cash at closing and additional consideration of up to $125 million based on the price of gold over a five-year period, a $100 million payment contingent on the