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Lundin Weighs Sale of $1 Billion Copper-Zinc Mine in Portugal

  • Mining group exploring options for Neves-Corvo asset
  • Global shift to clean energy creates demand for copper assets
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Lundin Mining Corp. is weighing the sale of a copper and zinc mine in Portugal that could be valued at about 1 billion euros ($1 billion), people familiar with the matter said. 

The Toronto-based company is speaking with potential advisers as it explores options for the Neves-Corvo mine in southern Portugal, the people said, asking not to be identified discussing confidential information.