Will the hunter become the hunted? Equinox Minerals' C$4.8 billion ($5 billion) hostile bid for fellow copper miner Lundin Mining is sparking talk that it could be putting itself into play, as hot copper prices turn pure-play copper miners into the latest juicy targets in the mining sector. Equinox's Lumwana mine in Zambia and its expansion into Saudi Arabia with the recent $1.23 billion takeover of Citadel Resources make it an attractive target, with some analysts saying its share price does not reflect the growth prospects it has in Saudi Arabia.
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