Lundin Mining Corp
TSX:LUN

Watchlist Manager
Lundin Mining Corp Logo
Lundin Mining Corp
TSX:LUN
Watchlist
Price: 27.14 CAD 1.5% Market Closed
Market Cap: 23.2B CAD

Lundin Mining Corp
Investor Relations

Nestled within the intricate tapestry of the global mining industry, Lundin Mining Corporation stands as a pillar of resource extraction success. With its inception rooted in strategic exploration, Lundin Mining has matured into a multinational force, adeptly straddling the complex landscape of base metal extraction and production. The Canadian company's operational prowess spans continents, with mining operations in Chile, the United States, Portugal, Brazil, and Sweden. These regions are not chosen by accident; each is rich in essential base metals such as copper, zinc, and nickel—interlinked with Lundin’s mission to meet the ever-evolving demands of modern infrastructure and technology. By mining and refining these critical resources, Lundin not only bolsters its bottom line but plays an integral role in the supply chain of essential materials that power industries worldwide.

The wheels of Lundin Mining’s profitability turn efficiently due to a keen focus on operational excellence and sustainable practices. By implementing advanced mining technologies and adhering to rigorous environmental standards, the company enhances its productivity while simultaneously mitigating its ecological footprint. This balance is crucial; the company must navigate both the economic pressures of fluctuating commodity prices and heightened environmental scrutiny. Lundin Mining generates revenue by selling its extracted and processed metals directly to various industries, aligning with market demands that ebb and flow with global economic tides. Through strategic investments and continuous exploration efforts, Lundin secures its future growth, ensuring a steady pipeline of resources while maintaining its commitment to responsible mining practices.

Show more
Loading
LUN
S&P TSX Composite Index (Canada)
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 6, 2025
AI Summary
Q3 2025

Strong Quarter: Lundin Mining delivered its best quarter of the year, with $1 billion in revenue and solid operational execution.

Guidance Raised: Copper production guidance was increased by 11,500 tons at the midpoint to 319,000–337,000 tons for the year, driven by strong output at Caserones.

Costs Down: Consolidated cash cost guidance for copper was lowered to $1.85–$2 per pound, reflecting operational improvements and higher byproduct credits.

Operational Consistency: All major mines, including Candelaria, Caserones, and Chapada, are on track to meet or exceed updated production targets.

Free Cash Flow: The company generated $169 million in free cash flow from operations in Q3 and expects to be net debt free by year-end.

Growth Initiatives: Caserones cathode production exceeded expectations, with improvements expected to be sustained; progress continues at the Vicuna project.

Shareholder Returns: No Q3 buybacks, but $104 million repurchased year-to-date; company committed to $220 million total annual return via buybacks or a special dividend.

Key Financials
Revenue
$1B
Copper Production
87,400 tons (Q3); 244,200 tons (YTD)
Gold Production
37,800 ounces (Q3); 107,700 ounces (YTD)
Nickel Production
2,700 tons (Q3)
Cash Cost (Copper, Consolidated)
$1.61/lb (Q3)
Adjusted EBITDA
$490M (Q3)
Adjusted Operating Cash Flow
$383M (Q3); just below $1B (YTD)
Free Cash Flow from Operations
$169M (Q3)
Adjusted Net Earnings
$255M (Q3)
Adjusted EPS
$0.18 (Q3)
Total Capital Expenditure
$160M (Q3); $485M (YTD); revised full year guidance $750M
Vicuna Capital Expenditure
$51M (Q3); $126M (YTD)
Share Buybacks
12.6M shares repurchased YTD for $104M
Dividend
38th regular quarterly dividend declared; $17M paid in Q3
Net Debt
$108M at end of Q3
Total Recordable Injury Frequency Rate
0.29 for first 9 months
Earnings Call Recording
Other Earnings Calls

Management

Mr. Jack O. A. Lundin
President, CEO & Director
No Bio Available
Mr. Teitur Poulsen
Executive VP & CFO
No Bio Available
Mr. Juan Andres Morel
Executive VP & COO
No Bio Available
Mr. Peter Brady
Executive VP & General Counsel
No Bio Available
Mr. David Dicaire
Executive Vice President of Josemaria Project
No Bio Available
Mr. Steve Little
Vice President of Technology & Innovation
No Bio Available
Mr. Stephen Charles-Hadfield Williams M.B.A., P.Eng.
Vice President of Investor Relations
No Bio Available
Mr. Quinn Yong
Vice President of Corporate Development & Strategy
No Bio Available
Ms. Jacinta Zaleski
Vice President of Human Resources
No Bio Available
Mr. Tim Walmsley
Vice President of Exploration
No Bio Available

Contacts

Address
ONTARIO
TORONTO
2200-150 King St W, P.O. Box 38
Contacts
+14163425560.0
www.lundinmining.com