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Lukas Lundin, Swedish-Canadian Mining Tycoon, Dies at 64

  • Founder of Lundin Mining had 2-year battle with brain cancer
  • CEO cites ‘extraordinary strategic foresight’ in firm’s gains
Lukas Lundin in 2016.
Lukas Lundin in 2016.Photographer: Darryl Dyck/Bloomberg

Lukas Henrik Lundin, the Swedish-Canadian billionaire who founded Lundin Mining Corp., died Tuesday after a two-year battle with brain cancer. He was 64.

He started Lundin Mining with his father in the mid-1990s and was a board member and chairman for more than 25 years until he stepped down in May. The Toronto-based company confirmed Lundin’s death Wednesday in a statement.