MARQUETTE COUNTY, MI— Talon Metals is acquiring the Eagle Mine from the Lundin Mining Corporation.
Talon will also acquire the Humboldt Mill and become the parent company of the mine. Darby Stacey, Eagle’s current managing director, will become Talon’s new CEO. Jack Lundin, the CEO of Lundin Mining, will serve on the Talon board of directors.
Lunding Mining is to own 19.99 percent of Talon Metals shares, becoming the largest shareholder.
Talon officials say the ultimate vision for the company is to have multiple mines and processing facilities in Michigan and Minnesota. Exploration of sites in Michigan will resume in 2026.
