HudBay to pay C$397.5M for Norsemont

Mineweb | January 11, 2011 | 12:16 am Base Metals Latin America Copper 
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Canada’s HudBay Minerals Inc (HBM.TO) agreed to buy Norsemont Mining Inc (NOM.TO) to gain access to a major copper deposit in Peru, in a cash-and-stock deal valued at about C$397.5 million (about $400 million).

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