CAPITAL MARKETS

Noranda, Falconbridge take Boliden to court

CANADIAN miners Noranda and Falconbridge have made good with their threats to sue the troubled Swedish company Boliden over the sale of the Lomas Bayas copper mine and Fortuna de Cobre copper deposit in South America.

Tim Treadgold

Noranda said it would be claimed that Boliden had entered into a binding agreement to sell the projects in February. Boliden will argue that the deal was never finalised and says it needs to retain the...

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