CAPITAL MARKETS

Newcrest ups stake in Lundin

NEWCREST Mining has increased its holdings in Canadian project developer Lundin Gold to 32% after Kinross Gold sold its 9.2% Lundin position for US$150 million.

 Fruta del Norte is under construction in Ecuador

Fruta del Norte is under construction in Ecuador

Newcrest paid C$79.6 million to lift its holdings after acquiring an initial 27.1% stake in 2018 for a $250 million investment. The move increases the Australian miner's exposure to Ecuador, where Lundin...

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