First Quantum Minerals to buy Lumina Copper for about $470 million
VANCOUVER – First Quantum Minerals Ltd. (TSX:FM) says it’s buying Lumina Copper Corp. in a deal that values to company at roughly $470 million. First Quantum already owns 2.5 million of Lumina’s outstanding common shares. Lumina Copper (TSXV:LCC) owns a copper deposit in northwest Argentina and says First Quantum will be able to develop the Taca Taca deposit into a major copper mine.
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