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Lundin Mining Highlights Strategic Vision and Financial Outlook for Leading Growth and Shareholder Returns

Lundin Mining Highlights Strategic Vision and Financial Outlook for Leading Growth and Shareholder Returns

Globe and Mail6 hours ago

VANCOUVER, BC, June 17, 2025 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") will host a Capital Markets Day on June 18, 2025 to outline the Company's strategic aspirations to become a global top-ten copper producer and achieve copper production of over 500,000 tonnes per year and gold production of over 550,000 ounces ("oz") per year. The Company will present on multiple initiatives identified to date that are expected to support its strategic vision, including growth initiatives at its operations, as well as the development of the Vicuña district, which is recognized as one of the world's largest copper, gold and silver Mineral Resources (see Lundin Mining's News Release dated May 4, 2025). Unless otherwise stated, dollar amounts are presented in United States dollars on a 100% basis. View PDF

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Perseus Mining Appoints Additional Non-Executive Director
Perseus Mining Appoints Additional Non-Executive Director

Globe and Mail

time34 minutes ago

  • Globe and Mail

Perseus Mining Appoints Additional Non-Executive Director

Perth, June 18, 2025 (GLOBE NEWSWIRE) -- perseus mining appoints additional independent non-executive director to its board / Perseus Mining Limited (ASX/TSX:PRU) ('Perseus' or 'the Company') is pleased to advise that Mr James (Jim) Rutherford has agreed to join the Board of Perseus in the role of non-executive, independent Director and will take up this position with immediate effect. Jim is a seasoned investment professional with over 25 years of experience in investment management and banking, specialising in the global mining and metals sector. He has extensive international experience and brings considerable financial and corporate insight to the Board. Between 1997 and 2013, Jim was Senior Vice President at Capital Group, a long-established US investment firm, where he had responsibility for investing in the global mining and metals sector. Prior to that, he was Vice President at HSBC James Capel in New York, responsible for covering the Latin American mining industry and also worked at Credit Lyonnais Securities. Currently, he is a director of Manara Minerals Investment Co., a joint venture between the Saudi Arabian Mining Company (Ma'aden) and the Public Investment Fund (PIF) and is a non-executive director of Ecora Resources plc, positions he has held since 2023 and 2019 respectively. Earlier this year, he was also appointed as a non-executive director of Minera Cobre de Colombia, a private company that is focused on copper exploration in Colombia. From 2013 to 2020, he served as a non-executive director of Anglo-American plc, the UK-listed diversified mining group, and in 2020 was appointed Non-Executive Chairman of the gold producer Centamin plc, a role he held until late 2024. He was also Lead Independent Director of GT Gold from 2019 until its acquisition by Newmont in 2021 and, prior to that, was a Non-Executive Director and then Chairman of Dalradian Resources from 2015 to 2018. He received his Bachelor of Science in Economics and Computer Science from Queen's University, Belfast (UK) and gained his Master of Arts in Development Economics from the University of Sussex (UK). He is also an alumnus of the London Business School. Jim has also been active throughout his career in the non-profit sector and is currently a member of the Advisory Board of Queen's University Belfast Business School and a member of the Board of Governors of the Royal Belfast Academical Institution. Perseus's Non-Executive Chairman Rick Menell said: 'On behalf of the Board of Perseus, I am delighted to welcome Jim Rutherford to the Board of our Company at a pivotal time in our growth. Jim brings extensive experience in the resources sector, and his expertise in financial markets will be invaluable as we execute our strategy and continue to create long-term value for our stakeholders. His broad knowledge of the mining industry, across multiple commodities and jurisdictions, including Africa, will be a strong complement to the Perseus leadership team as we pursue our ambitions to become a leader of the gold mining industry on the continent. Jim's appointment forms part of our ongoing Board renewal process. The Board is currently considering the appointment of an additional director with specific geological expertise to further strengthen its capability' This market announcement was authorised for release by Jeff Quartermaine, Perseus's Managing Director and Chief Executive Officer.

"Calibrated steps to restore stability": Foreign Secy Vikram Misri on improving India-Canada ties
"Calibrated steps to restore stability": Foreign Secy Vikram Misri on improving India-Canada ties

Canada Standard

time3 hours ago

  • Canada Standard

"Calibrated steps to restore stability": Foreign Secy Vikram Misri on improving India-Canada ties

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Winnipeg developer appeals to Supreme Court to hold city accountable for delays in Parker lands project
Winnipeg developer appeals to Supreme Court to hold city accountable for delays in Parker lands project

CBC

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  • CBC

Winnipeg developer appeals to Supreme Court to hold city accountable for delays in Parker lands project

A developer who had previously sued the City of Winnipeg over claims that its employees slowed the progress of a residential development in Fort Garry has filed an appeal with the Supreme Court of Canada. In July 2023, a Court of King's Bench judge decided that two city planners intentionally stalled development of the former Parker lands, a 19-hectare parcel that Andrew Marquess of Gem Equities had planned to turn into a 1,900-unit development called Fulton Grove. The city was ordered to pay Marquess $5 million. The city filed an appeal. In April, a Manitoba Court of Appeal judge decided that evidence presented at trial fell short of proving the city planners were misfeasance in public office, and reversed the original decision. The decision also stated that there was "nothing nefarious" about city planners meeting with River Heights-Fort Garry Coun. John Orlikow to give and receive feedback on the project. Now the developer hopes to reverse that decision. On Monday, the developer's lawyers filed a 242-page appeal document to the Supreme Court, that the city planners were "acting deliberately and unlawfully in an effort to slow down or thwart the Plaintiffs' development with disregard for the harm their actions were causing the Plaintiffs." This document reaffirming claims Marquess made in his 2018 statement of claim and hearings in 2021. The city had argued that there was no evidence that its employees were unlawfully and deliberately trying to slow down the development of the land, which Marquess had acquired in a 2009 swap with the city for land he owned in Fort Rouge.

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