Nevsun passes on Lundin’s $1.4 billion fresh takeover bid
The base metals producer said that, while it has not yet received a formal offer from Lundin, the bid announced Monday the bid ignores the fundamental value of the company and its assets.
Projects like Southern Copper’s Michiquillay, Newmont’s Conga and Galeno, owned by a subsidiary of China Minmetals Corp., could be unlocked with a joint venture or common infrastructure.