Colombian coal miners accept deal, avoid Cerrejon strike

Lundin must permanently close its Alcaparrosa copper mine and faces a $3.41 million fine, which it can either pay or appeal.

The company produced 951,600 tonnes of copper in 2024, down 6% from 1.01 million tonnes in 2023.

Wealth fund will focus on mining companies in emerging markets in Africa, Asia and Latin America.

The move is part of efforts by the miner to cut its greenhouse gas emissions by 25% by 2030.