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 [...]
Lundin Mining Corp. announces that the Toronto Stock Exchange has accepted the notice of Lundin Mining's intention to renew its normal course issuer bid . View PDF The Company intends to continue to utilize the NCIB at its discretion to make opportunistic purchases to create shareholder value and manage the number of outstanding common shares of the Company . This approval allows the Company to purchase up to 57,597,388 [...]
Lundin Mining Corp. is pleased to announce that Lundin Mining's Swedish short-form document prepared in accordance with Article 1.4 da) and Annex IX of Regulation 2017/1129 for the proposed offer of new common shares of Lundin Mining to holders of Euroclear Sweden AB registered common shares of Filo Corp. in connection with the previously announced arrangement under the Canada Business Corporations Act whereby the [...]
Lundin Mining Corp. announces today it has signed a definitive agreement to sell its Neves-Corvo operation in Portugal and Zinkgruvan operation in Sweden to Boliden AB for up to $1.52 billion in total consideration . Unless otherwise stated, all numbers are presented in United States dollars. Under the terms of the agreement, Lundin Mining will receive upfront cash consideration of $1.37 billion upon closing, based on a [...]
Lundin Mining Corp. reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act: View PDF Version The number of issued and outstanding shares of the Company has increased by 28,519 to 776,905,492 common shares with voting rights as of November 29, 2024. The increase in the number of issued and outstanding shares from November 1, 2024 to date is a result [...]
Lundin Mining Corp. today reported its third quarter 2024 financial results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. Jack Lundin, President and CEO commented, "Our overall performance has contributed to another near record quarter for revenue and copper production for the Company and we are on track to meeting full-year consolidated copper guidance. Operationally [...]