Canadian Mining Journal

Lundin Mining Corporation

  • News

    COPPER: Lundin raises $1.1B through Tenke sale to Chinese

    November 15, 2016 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Toronto’s Lundin Mining Corp. has sold its 24% interest in the Tenke Fungurume copper-cobalt mine for $1.14 billion to a private Chinese equity firm, BHR Partners. The agreement includes a contingent consideration of up to

  • News

    SECOND QUARTER: Losses still plague Canadian miners

    July 28, 2016 by Canadian Mining Journal

    This is the season of quarterly reports (one of four times annually), but importantly the end of June marks the mid-point of 2016. From the results so far, this year is going to be an exceedingly difficult one in which

  • News

    Lundin Mining discovery to extend Eagle mine life

    July 12, 2016 by Canadian Mining Journal

    VANCOUVER — Lundin Mining‘s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in northern Michigan. On June 29, the company released a maiden resource and preliminary economic assessment (PEA) on the satellite

  • News

    Nevsun trumps Lundin bid for Reservoir’s Timok

    April 27, 2016 by Canadian Mining Journal

    VANCOUVER – There’s been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24 the company finally pulled the trigger on a US$365-million deal for prospect generator

  • News

    Lundin takes a US$262M shot at Freeport’s stake in Cukaru Peki

    March 9, 2016 by Canadian Mining Journal

    VANCOUVER — Mid-tier base metals producer Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been hungry for copper over the past two years, and it’s hoping to have picked up a profitable red metal mine via the US$262-million deal for Freeport-McMoRan’s (TSX: FCX) stake

  • News

    COPPER-ZINC: Lundin looks ahead to 2016-18

    December 3, 2015 by Canadian Mining Journal

    TORONTO – Lundin Mining Corp. is looking ahead to the three-year period 2016-18 and providing production guidance. Copper output will be up at Candelaria (80% interest) in Chile, and zinc output will rise as a plant improvement project is completed

  • COPPER-GOLD: EIA for Candelaria mine received by Lundin

    July 27, 2015 by Canadian Mining Journal Staff

    CHILE – Lundin Mining Corp. of Toronto has received a positive environmental impact assessment for the extension of operations and mine life for the Candelaria copper-gold mine in the Atacama Desert. Lundin is the operator and 80% owner;…

  • News

    Lundin faces scrutiny at Candelaria in Chile

    June 2, 2015 by Canadian Mining Journal Staff

    Less than a year after Lundin Mining Corp. (TSX: LUN) acquired an 80% stake in Freeport-McMoRan Copper & Gold’s (NYSE: FCX) Candelaria copper mine in Chile in a deal worth $1.8 billion, environmental regulators in the South…

  • News

    Lundin, Beaty bullish on Ecuador’s prospects

    April 7, 2015 by Canadian Mining Journal Staff

    VANCOUVER — There are some savvy investors who are banking on a profitable shift in the Ecuadorian government’s approach to mineral exploration and development. The country has been high on the socio-political risk ladder over…

  • News

    BASE METALS: Lundin 2014 output exceeds guidance

    January 22, 2015 by Canadian Mining Journal Staff

    TORONTO – Lundin Mining Corp. reports excellent 2014 year end results. Guidance was exceeded for both zinc and nickel, while the overall targets for copper and lead were also met.

  • News

    BMO: Freeport-McMoRan ‘sending the right message’

    December 8, 2014 by Canadian Mining Journal Staff

    VANCOUVER — It’s been a year of change for miner Freeport-McMoRan Copper & Gold (NYSE: FCX) that has included a significant portfolio shuffle and a renewed focus on a strong balance sheet and dividend program. The…

  • News

    NICKEL-COPPER: Lundin declares commercial production at Eagle mine

    November 25, 2014 by Canadian Mining Journal Staff

    MICHIGAN – Toronto-based Lundin Mining Corp. has declared commercial production at its Eagle high grade nickel-copper mine in the Upper Peninsula 53 km by road east of Marquette. The milestone was reached less than two months after…