Boliden Is Closing In on Deal For Lundin’s European Mines

  • Lundin put mines in Sweden and Portugal up for sale this year
  • Canadian miner is focusing on expansion in Latin America
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Sweden’s Boliden AB is closing in on a deal to buy Lundin Mining Corp.’s two European mines, according to people familiar with the situation.

The two companies are in advanced talks over the assets, said the people, who asked not to be identified discussing private information.