Lundin Mining Corp. today reported its fourth quarter and full year 2024 financial results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. Jack Lundin, President and CEO commented, "2024 was highlighted by three transformative transactions, along with achieving record copper and zinc production which generated strong revenue and operating cashflow for the Company. Among these [...]
Lundin Mining Corp. is pleased to announce the appointment of Ms. Victoria McMillan to the Company's Board of Directors effective today. The Company also announces that Director Ms. Juliana Lam had advised us of her personal retirement decision and will not stand for re-election at the 2025 Annual Meeting. Adam Lundin, Chair of Lundin Mining's Board of Directors, commented "On behalf of the Board and the Company's [...]
Lundin Mining Corp. today announced that its Board of Directors has declared a regular quarterly dividend of Canadian Dollars $0.09 per share, payable on April 9, 2025, to shareholders of record at the close of business on March 21, 2025. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount, and payment of future dividends remain at the discretion of the [...]
Lundin Mining Corp. today reported its Mineral Resource and Mineral Reserve estimates effective as of December 31, 2024 . On a 100% consolidated basis, the estimated Proven and Probable Mineral Reserve of contained copper is 10,872 kilotonnes an increase of 242 kt over the previous year. Lundin Mining also has significant Proven and Probable Mineral Reserves in other base and precious metals including 2,429 kt of zinc [...]
Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: The number of issued and outstanding shares of the Company has increased by 93,674,455 to 867,777,426 common shares with voting rights as of January 31, 2025. The increase in the number of issued and outstanding shares from January 1, 2025 to date is the result of shares [...]
Minera Ojos del Salado, a subsidiary of Lundin Mining Corp. has received a notice from the Superintendencia del Medio Ambiente following its investigative proceedings involving the sinkhole that occurred at the Alcaparrosa mine in 2022. The notice levies a fine of $3.3 million and orders the continued closure of the Alcaparrosa mine, based on four violations investigated. Mining operations at Alcaparrosa have been [...]
Lundin Mining Corp. is pre-announcing certain items impacting the Company's quarterly earnings, earnings per share, adjusted earnings before interest, taxes, depreciation and amortization 1, adjusted earnings1 and adjusted earnings per share1. Revenue and Provisional Pricing Adjustments Revenue in the fourth quarter 2024 is expected to be negatively impacted by unaudited provisional pricing adjustments on prior period [...]
Lundin Mining Corp. is pleased to announce production results for the year ended December 31, 2024 and provide production guidance for the three-year period of 2025 through 2027, as well as cash cost, capital and exploration expenditure guidance for 2025. Unless otherwise stated, all numbers are presented in US dollars. Highlights On a consolidated basis the Company achieved guidance on all metals1 for the year and [...]
VANCOUVER, BC, Jan. 15, 2025 /CNW/ - Lundin Mining Corp. is pleased to announce the completion of the joint acquisition of Filo Corp. with BHP Investments Canada Inc. . Concurrently, Lundin Mining and BHP have formed a 50/50 joint arrangement, Vicuña Corp. , holding the Filo del Sol project and the Josemaria project. On completion, BHP paid Lundin Mining a cash consideration of US$690 million for a 50% interest in the [...]
The shareholders of Lundin Mining Corp. together with BHP Group Ltd. and Filo Corp. have agreed to the terms of a Plan of Arrangement resulting in the combination of the two companies. Each share of Filo Corp. will be exchanged for 2.3578 shares of Lundin Mining or C$33.00 cash subject to proration of a max cash of C$2,767 million and maximum share consideration of 92.1 million Lundin Mining shares. In expectation of the [...]
Filo is pleased to announce that the deadline for registered shareholders of the issued and outstanding common shares of Filo and for holders of stock options of Filo to make elections in respect of the consideration receivable pursuant to the Arrangement is 5:00 P.M. on Jan9, 2025. The letter of transmittal and election form outlines the necessary documentation and information required to be sent to the depositary for [...]
Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: The number of issued and outstanding shares of the Company has decreased by 2,809,587 to 774,102,971 common shares with voting rights as of December 31, 2024. The decrease in the number of issued and outstanding shares from December 1, 2024 to date is the result of share buy [...]