Lundin Mining Corp. announced today the Candelaria AOS Union , which represents approximately 550 workers at its Candelaria operations in Chile, has ratified a new 30-month collective agreement. The Union has accepted the last formal offer which was presented by Candelaria on November 12, 2020. The safe resumption of partial operations is being [...]
Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of employee stock options or the vesting of employee share units from October 1, 2020 to date, the number of issued and outstanding shares of the Company has increased by [...]
Lundin Mining Corp. today announced that its Board of Directors has declared a dividend of CAD$0.04 per share, payable on December 16, 2020, to shareholders of record at the close of business on December 4, 2020. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount and payment of [...]
Lundin Mining Corp. today reported cash flows of $272.2 million generated from operations in its third quarter 2020. Adjusted operating cash flow2 for the quarter was $262.0 million . Attributable net earnings for the quarter was $122.4 million and adjusted earnings2 was $106.4 million . Adjusted EBITDA2 was $300.3 million for the quarter. Marie [...]
Lundin Mining Corp. announced today that despite mediation with the Candelaria AOS Union , which represents approximately 550 workers at its Candelaria operations in Chile, the Company and the Union have failed to reach an agreement. The Union can legally be on strike commencing October 20, 2020. The Candelaria Mine Workers Union continues with [...]
Lundin Mining Corp. announced today that mediation with the Candelaria Mine Workers Union , which represents approximately 350 workers at its Candelaria operations in Chile, has ended without an agreement. The Union is now legally on strike commencing October 8, 2020. At this time, the Company does not expect a material impact on Candelaria's [...]
Lundin Mining Corp. announces that the report for the third quarter ended September 30, 2020 will be published on Wednesday, October 28, 2020. Third Quarter 2020 Results Conference Call and Webcast The Company will hold a telephone conference call and webcast at 08:00 ET, 14:00 CET on Thursday, October 29, 2020. Conference call details are [...]
Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: As a result of the exercise of employee stock options or the vesting of employee share units from September 1, 2020 to date, the number of issued and outstanding shares of the Company has increased to [...]
Lundin Mining Corp. provides an initial update on the anticipated timeline to resume processing at the Chapada mine in Brazil. Activities are underway to resume partial processing within one week, with a return to full capacity currently expected to be achieved within 60 days. View PDF version The four mill motors that experienced damage have been [...]
Lundin Mining Corp. provides an update on the fatal accident which occurred at its Neves-Corvo mine in Portugal on Friday, September 25, 2020. "The Lundin Mining family is in mourning, following the death of our longtime colleague. Our focus is on supporting the employee's family, as well as our workforce and the community as we deal with this [...]
Lundin Mining Corp. announces that processing activities have been interrupted at the Chapada mine in Brazil. The operation suffered a power outage in the morning of September 27, 2020. When power was restored, the protection system at the operation's main electrical substation failed, resulting in significant damage to all four SAG and ball mill [...]
Lundin Mining is deeply saddened to report that a fatal accident occurred at its Neves-Corvo mine in Portugal on Friday, September 25, 2020. The incident occurred during underground mining operations. No other personnel were injured in the incident and the scene has been secured. All underground mining operations have been suspended. "Everyone at [...]
