BASE METAL MINING – Lundin to boost production in Europe

VANCOUVER - The directors of LUNDIN MINING CORP. have approved plans to increase production at two of the companys mines in Europe.

At the Neves-Corvo copper-zinc mine in southern Portugal, production of zinc in concentrate from the recently discovered Lombador massive sulphide zone is scheduled to start in 2011, following a feasibility study to be completed in the second half of 2008. This is expected to increase zinc ore production at Neves-Corvo from 400,000 t/y to 2.4 million t/y. In 2007 the mine will produce 87,000 t of copper, 25,000 t of zinc and 850,000 oz of silver. With the expansion, Neves-Corvo will become not only Europe's largest copper mine but also its largest zinc mine.

At the Zinkgruvan mine in central Sweden, ore production is planned to increase by 33% to 1.2 million t/y by 2010. The production of copper concentrate will begin at the same time. In 2007, the Zinkgruvan mine will produce 70,000 tonnes of zinc, 35,000 tonnes of lead and 1.8 million oz of silver, all in concentrates.

Although headquartered in Vancouver, Lundin's base of operations is mostly in Europe. See www.LundinMining.com for additional information.