Lundin ramps up construction at Michigan mine, aiming for production in Q4 2014

TORONTO – Lundin Mining Corp. (TSX:LUN) is ramping up construction at the recently acquired Eagle nickel-copper project in Michigan’s Upper Peninsula and it expects to grow the workforce by hundreds of people over the next few months.

The Toronto-based company says there are currently 100 construction personnel on site, a number that will swell to 350 later this year.

Eagle also has 70 staff and is recruiting to fill about 220 positions by the third quarter of 2014.

Eagle was formerly owned by a subsidiary of Rio Tinto PLC (NYSE:RIO), which sold it to Lundin for US$325 million in cash.

The mining project, near Marquette, Mich., on the south shore of Lake Superior, is about 340 kilometres west of the Canada-U.S. border at Sault St. Marie.

Lundin announced Wednesday that its deal with Rio, announced last month, closed ahead of schedule.

News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community? Create a free account to comment on stories, ask questions, and join meaningful discussions on our new site.

Leave a Reply

You must be logged in to post a comment.
The Canadian Press

The Canadian Press is Canada's trusted news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms.