Lundin Mining Corp. today reported its second quarter 2024 financial results. Unless otherwise stated, results are presented in United States dollars on a 100% basis. Jack Lundin, President and CEO commented, "During the quarter we generated record quarterly revenue of $1.1 billion which contributed to a strong financial performance for the Company. Adjusted EBITDA1 for the quarter was $461 million and free cash flow [...]
Lundin Mining announced that its Board of Directors has declared a regular quarterly dividend of Canadian Dollars $0.09 per share, payable on September 11, 2024, to shareholders of record at the close of business on August 30, 2024. The first day of trading without dividend will be August 30, 2024, for shares traded on TSX. For shares traded on Nasdaq Stockholm, the ex-dividend date will be August 29, 2024. This dividend [...]
Consideration for the Acquisition to be $33.00 per share in a mix of cash and Lundin Mining shares; concurrently, Filo announces a C$115 Million Private Placement to BHP and Lundin Mining in connection with the Acquisition Filo Corp. is pleased to announce it has entered into a binding agreement with BHP and Lundin Mining Corp. whereby the Purchaser Parties will acquire all of the outstanding common shares of Filo that [...]
Lundin Mining and BHP have entered into a definitive agreement with Filo Corp. to jointly acquire 100% of Filo's issued and outstanding common shares not already owned by Lundin Mining and BHP pursuant to a court-approved plan of arrangement . Under the terms of the Arrangement Agreement the offer implies a value of C$33.00 per Filo Share, representing a premium of 32.2% to Filo's unaffected 30-day volume weighted average [...]
Lundin Mining Corp. is pre-announcing certain items impacting the Company's quarterly earnings, adjusted earnings before interest, taxes, depreciation and amortization 1, adjusted earnings1 and adjusted earnings per share1. Foreign Exchange and Derivatives Items of significant impact in the second quarter 2024 are expected to include unaudited foreign exchange and trading gains on debt and equity investments supporting [...]
Lundin Mining Corp. is pleased to announce the publication of its 2023 Sustainability Report which highlights the Company's material environment, health & safety, governance and social performance during the year. Jack Lundin, President and CEO, commented "We are pleased to present our annual Sustainability Report, which highlights Lundin Mining's commitment to responsible and sustainable practices within the mineral [...]
VANCOUVER, BC, July 2, 2024 /CNW/ - Lundin Mining Corp. is pleased to announce the closing of the option to acquire an additional 19% interest in the issued and outstanding equity of SCM Minera Lumina Copper Chile , which owns the Caserones copper-molybdenum mine located in Chile, from JX Advanced Metals Corporation1 , as previously announced on June 26, 2024 . The consideration for the Call Option Exercise was paid 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 increased by 83,063 to 776,725,529 common shares with voting rights as of June 28, 2024. The increase in the number of issued and outstanding shares from June 1, 2024 to date is a result of the exercise of [...]
Lundin Mining Corp. is pleased to announce that the Company has provided notice to exercise its option to acquire an additional 19% interest in the issued and outstanding equity of SCM Minera Lumina Copper Chile , which owns the Caserones copper-molybdenum mine located in Chile, from JX Advanced Metals Corporation1 for consideration of $350 million . Closing of the additional interest in Lumina Copper is expected to [...]
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 increased by 923,715 to 776,642,466 common shares with voting rights as of May 31, 2024. The increase in the number of issued and outstanding shares from May 1, 2024 to date is a result of the exercise of [...]
Lundin Mining Corp. has amended the terms of two credit facilities - a US$1.75 billion revolving credit facility and a US$800 million term loan to, among other things, implement a sustainability-linked loan structure. View PDF Lundin Mining worked with its Co-Sustainability Structuring Agents, Bank of Montreal, The Bank of Nova Scotia, ING Capital LLC and Canadian Imperial Bank of Commerce, to establish key performance [...]
Lundin Mining announced the voting results from its 2024 Annual and Special Meeting of Shareholders. A total of 610,859,421 common shares were voted at the Meeting, representing 78.81% of the votes attached to all outstanding common shares as of the record date March 22, 2024. Shareholders voted in favour of all items of business considered at the Meeting, as follows: % For % Against Director Nominees Adam I. Lundin 93.67 [...]
