Equinox May Sell Lundin Assets to Cut Debt, CEO Says

Equinox Minerals Ltd., which is taking on a $3.2 billion loan to help finance a bid for Lundin Mining Corp., would consider selling some of its target’s assets to reduce debt.

“We would consider asset sales in the context of non-core, non-copper assets,” Craig Williams, chief executive of the Perth-based company, said today on an analyst call. Equinox may sell Lundin’s Zinkgruvan zinc mine in Sweden, he said.