HudBay Minerals and Lundin Mining have agreed to a business combination that will create a new Canadian leader in global mining. After the combination, HudBay is expected to be the second largest base metals company in Canada measured by market capitalisation. It will have a broad portfolio of producing assets in Canada, Portugal, Sweden, Spain, and Ireland, along with a strong growth pipeline that includes the world-class Tenke Fungurume and Fenix projects, located in the DRC and Guatemala, respectively. (more…)