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Chinese tighten grip on Tenke mine as Lundin agrees to sell stake for $1.14bn

Cecilia Jamasmie | November 15, 2016 | 3:35 am Base Metals Battery Metals Precious Metals Africa Europe Cobalt Copper Gold Tin 

After weeks of deliberation, Canada’s Lundin Mining (TSX:LUN) said Tuesday it will sell its minority stake in the African copper mine Tenke Fungurume to a Chinese private-equity firm for $1.14 billion in cash. The deal is a result of the Toronto-based miner’s...

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