Lundin Mining Corporation provides the following production guidance for the three-year period of 2019 through 2021, as well as cash costs, capital and exploration expenditure forecasts for 2019. Key highlights are as follows: Copper production guidance has increased from last year’s three-year guidance on refinement to Candelaria’s [...]
Lundin Mining Corporation announced that the Company’s previously announced bid for all of the issued and outstanding shares of Nevsun Resources Ltd. expired at 5:00 p.m. today in accordance with its terms. Lundin Mining will not take-up any securities deposited under the bid and will return such securities to the holders. Lundin Mining [...]
Lundin Mining Corporation today announced that its Board of Directors has declared a dividend of CAD$0.03 per share, payable on December 19, 2018, to shareholders of record at the close of business on December 7, 2018. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The declaration, timing, amount and payment of [...]
Lundin Mining Corporation today reported cash flows of $140.9 million generated from operations in the third quarter of the year. Net earnings from continuing operations attributable to Lundin Mining shareholders were $7.0 million for the quarter. Marie Inkster, President and CEO commented, “Although the impact of reduced metal prices [...]
Lundin Mining Corporation announces today that it has issued a notice to redeem all of its 7.875% Senior Secured Notes due 2022 on November 21, 2018. There is $439.2 million principal amount of the Notes currently outstanding. Additionally, the Company announces it has executed an amending agreement to its revolving credit facility that increases [...]
Lundin Mining Corporation announces that the report for the third quarter ended September 30, 2018 will be published on Wednesday October 24, 2018. The Company will hold a telephone conference call and webcast at 08:00am ET, 14:00 CET on Thursday, October 25, 2018. Conference call details are provided below: Please call in 10 minutes before the [...]
Lundin Mining Corporation announced today two new executive appointments: Jinhee Magie, previously Lundin Mining’s Vice President of Finance, has been appointed as the Company’s Senior Vice President and Chief Financial Officer; and Peter Rockandel has been appointed as Lundin Mining’s Senior Vice President of Corporate [...]
Lundin Mining Corporation announced today that its previously disclosed CEO succession process concluded at the end of the third quarter on September 30, 2018 when Paul Conibear formally retired as the Company’s President and Chief Executive Officer and stepped down as a director. Mr. Conibear will provide transition services and will be [...]
Lundin Mining Corporation announced today that it will be hosting an analyst and investor site visit of the Candelaria Copper Mining Complex in Chile from September 12-13, 2018. During the visit presentations will be given by senior management. The presentations will be available on the Company’s website when distributed at site. About [...]
Lundin Mining Corporation announced today that regarding the September 5, 2018 proposal by Zijin Mining Group Co. Ltd. to acquire Nevsun Resources Ltd. , Lundin Mining does not intend to amend any of the terms of the Company’s previously announced July 26, 2018 bid for all of the issued and outstanding shares of Nevsun . Lundin Mining [...]
Lundin Mining Corporation today reported its Mineral Resource and Reserve estimates as at June 30, 2018. On a consolidated and attributable basis, estimated contained metal in the Proven and Probable Mineral Reserve categories totalled 3,672 kt of copper, 3,374 kt of zinc and 108 kt of nickel. Commenting on the June 2018 Mineral Reserve and [...]
TORONTO, July 26, 2018 -- Lundin Mining Corporation announced today that it has formally commenced the offer to acquire all of the issued and outstanding common shares of Nevsun Resources Ltd. . The notice and advertisement of the Offer appear in the July 26, 2018 editions of the Globe & Mail and Le Devoir, and the Offer and take-over bid circular [...]
