Filo Corp rises after report Lundin, BHP weighing joint bid

** Shares of Canadian miner Filo Corp (FIL.TO) closes up 6.7% at C$27.98

** Mining giant BHP Group BHP and Canada's Lundin Mining LUN are set to make joint bid for FIL, people familiar with the matter told Reuters

** Consideration for a possible takeover comes as there is ongoing work to merge the Josemaria project that belongs to LUN with Filo del Sol project in South America - source

** Lundin family holds a 32% stake in FIL and BHP holds a 6% stake, according to LSEG data and regulatory filings

** As of last close, FIL has a market cap of C$3.44 bln