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An announcement from Lundin Mining ( (TSE:LUN) ) is now available.
Lundin Mining announced that Vicuña Corp. has applied for the RIGI PEELP in Argentina for the Vicuña Project, which includes the Josemaria and Filo del Sol deposits. This application marks a significant step in advancing a large-scale copper-gold-silver development project, potentially becoming one of Argentina’s largest foreign investments. The RIGI regime offers fiscal stability and regulatory benefits, enhancing project economics and supporting long-term investment. The Vicuña Project’s strategic positioning and partnership with BHP are expected to create transformative value and strengthen relationships with the Argentinian government.
More about Lundin Mining
Lundin Mining is a Canadian mining company headquartered in Vancouver, Canada, with operations in Brazil, Chile, and the USA. The company focuses on producing commodities that support modern infrastructure and electrification, aiming to become a top ten global copper producer. Lundin Mining holds a 50% interest in the Vicuña District project, which is one of the world’s largest copper, gold, and silver projects.
For a thorough assessment of LUN stock, go to TipRanks’ Stock Analysis page.