(Reuters) - Lundin Mining Corp is considering the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros ($1.02 billion), Bloomberg News reported on Monday, citing people familiar with the matter.
The Toronto-based miner is speaking with potential advisers as it explores options for the Neves-Corvo mine, with the sale likely to draw interest from rival mining firms, according to the report. (https://bloom.bg/3w4M4ea)
The mine produced 7,867 tonnes of copper and 20,647 tonnes of zinc in the April-June period this year.
Lundin declined to comment.
($1 = 0.9808 euros)
(Reporting by Rithika Krishna in Bengaluru)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 15.32 CAD | +0.46% | -2.05% | 8.65B | ||
