EuroZinc Mining Corp. and Lundin Mining Corp., two Vancouver-based mining companies, agreed to merge, forming a copper and zinc producer with four profitable mines.
Existing EuroZinc and Lundin shareholders will own approximately 56,7% and 43,3% respectively, of the combined company, they said in a CCN statement today.
EuroZinc produces copper in Portugal. Lundin operates copper, zinc and lead mines in Sweden and Ireland.
Friday, August 25, 2006
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