Lundin Mining to buy one of Yamana Gold's copper mine in Brazil for more than $1 billion

Lundin Mining Corp said on Monday it plans to buy one of Yamana Gold Inc’s gold-copper mines in Brazil for more than US$1 billion.

Yamana will receive US$800 million in cash, and contingent payments totalling about US$225 million, the companies said.

U.S.-listed shares of Yamana Gold rose 7.4 per cent to $2.75 pre-market

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