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.

Newcrest ups stake in Lundin Newcrest ups stake in Lundin Newcrest ups stake in Lundin Newcrest ups stake in Lundin Newcrest ups stake in Lundin

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Newcrest paid C$79.6 million to lift its holdings after acquiring an initial 27.1% stake in 2018 for a $250 million investment.