Australia's Newcrest Mining buys stake in Canada's Lundin Gold for $250 million

February 26, 2018 / dlvr.it / Article Link

Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth.The stake is part of a $400 million equity raising by Lundin Gold to fund development of its Fruta del NorteRead full news

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