Talon Metals Acquires Lundin Mining's Eagle Mine and Humboldt Mill
January 9, 2026
Talon Metals Corp. has completed the previously announced acquisition of Lundin Mining's Eagle Mine and associated Humboldt Mill (held via Lundin Mining US Ltd.), creating a multi-asset U.S. nickel-copper company. As consideration, Lundin Mining received 275,152,232 Talon shares and a limited production-payment royalty on non-Eagle ore processed at the Humboldt Mill; the deal brings the Eagle operating team into Talon and positions the company to extend mine life and accelerate regional exploration.
- Buyers
- Talon Metals Corp.
- Targets
- Eagle Mine, Humboldt Mill, Lundin Mining US Ltd.
- Sellers
- Lundin Mining Corporation
- Industry
- Industrial Services
- Location
- Michigan, United States
- Transaction Type
- Divestiture
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