Last $4.90 USD
Change Today +0.079 / 1.64%
Volume 15.6K
LUNMF On Other Exchanges
Symbol
Exchange
Stockholm
Toronto
OTC US
Berlin
OTC US
Frankfurt
As of 5:10 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

lundin mining corp (LUNMF) Snapshot

Open
$4.86
Previous Close
$4.82
Day High
$4.90
Day Low
$4.82
52 Week High
07/14/14 - $6.11
52 Week Low
10/16/14 - $4.15
Market Cap
3.5B
Average Volume 10 Days
18.3K
EPS TTM
--
Shares Outstanding
718.1M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LUNDIN MINING CORP (LUNMF)

Related News

No related news articles were found.

lundin mining corp (LUNMF) Related Businessweek News

View More BusinessWeek News

lundin mining corp (LUNMF) Details

Lundin Mining Corporation, a diversified base metals mining company, is engaged in the exploration, development, and mining of mineral properties in Portugal, Sweden, Spain, and the United States. The company produces copper, zinc, lead, and nickel. Its mining properties include the Neves-Corvo mine located in the Alentejo district of Southern Portugal; the Zinkgruvan mine located in South-Central Sweden; the Aguablanca nickel-copper mine located in Southern Spain; the Eagle mine located in the United States; and Tenke Fungurume copper-cobalt mine located in the Democratic Republic of Congo. The company was formerly known as South Atlantic Ventures Ltd. and changed its name to Lundin Mining Corporation in August 2004. Lundin Mining Corporation was incorporated in 1994 and is headquartered in Toronto, Canada.

lundin mining corp (LUNMF) Top Compensated Officers

President, Chief Executive Officer, Director ...
Total Annual Compensation: $750.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $396.1K
Senior Vice President of Projects
Total Annual Compensation: $505.2K
Senior Vice President of Exploration & New Bu...
Total Annual Compensation: $367.5K
Vice President of Technical Services
Total Annual Compensation: $402.9K
Compensation as of Fiscal Year 2013.

lundin mining corp (LUNMF) Key Developments

Lundin Mining Corporation Provides Production and Capital Expenditures Guidance for the Year 2015 and Production Guidance for the Years 2016 and 2017

Lundin Mining Corporation provided production guidance for the years 2015, 2016 and 2017. For the year 2015, the company expected total attributable Copper production guidance of 258,000 tonnes to 272,000 tonnes, total Zinc production guidance of 146,000 tonnes to 155,000 tonnes, total lead of 31,000 tonnes to 35,000 tonnes and total Nickel of 30,800 tonnes to 34,500 tonnes. For the year 2016, the company expected total attributable Copper production guidance of 237,500 tonnes to 251,500 tonnes, total Zinc production guidance was 143,000 tonnes to 151,000 tonnes, total lead of 35,000 tonnes to 41,000 tonnes and total Nickel of 26,500 tonnes to 30,000 tonnes. For the year 2017, the company expected total attributable Copper production guidance of 225,500 tonnes to 244,500 tonnes, total Zinc production guidance was 150,000 tonnes to 158,000 tonnes, total lead of 37,000 tonnes to 43,000 tonnes and total Nickel of 22,500 tonnes to 26,000 tonnes. For the year 2015, the company’s capital expenditures for mines operated by the company are expected to be $470 million, which includes: Sustaining capital: $455 million Europe: $140 million, consisting of approximately $80 million for Neves-Corvo, $45 million for Zinkgruvan and $15 million at Aguablanca. Neves-Corvo's capital spending program includes approximately $30 million for underground development, $15 million for equipment replacement and $10 million for commencement of a water treatment plant, and the balance for miscellaneous other sustaining capital investment such as infill drilling and small projects. Zinkgruvan is expected to spend approximately $20 million for underground development, $5 million for expanded tailings storage, $5 million for paste backfill and delivery improvements, and the balance for plant and infrastructure refurbishment projects. Aguablanca has allocated approximately $10 million for underground development. Americas: $315 million, consisting of approximately $300 million for Candelaria, of which approximately $160 million is for deferred stripping activities in the open pit, $80 million for commencement of the expanded tailings storage facility project, $15 million for replacement and rebuild of mobile equipment and $15 million for Eagle which is predominantly for underground development. New investment: $15 million consisting of approximately $15 million for Neves-Corvo. Tenke: Capital expenditures for Tenke are not included above. All of the Tenke capital expenditures and exploration programs are expected to be self-funded by cash flow from Tenke operations. If current metal prices and operating conditions prevail, the Company believes it is reasonable to expect Lundin Mining's attributable cash distributions to range between $50 to $60 million in 2015, taking into account self-funding of the new acid plant project, and other expenditures such as exploration, small projects and routine sustaining capital. Exploration expenditures are expected to be in the range of $75 million in 2015. Approximately $40 million is expected to be directed toward near mine targets at Candelaria, with the remainder to advance exploration activities at existing mines and budgeted activities for South American and Eastern European exploration projects.

Lundin Mining Doesnt Seek To Buy Chilean Copper Assets

Lundin Mining Corporation (TSX:LUN) is not planning to acquire Chilean copper assets from Anglo American plc (LSE:AAL). Paul Conibear, Chief Executive Officer of Lundin Mining said, “Lundin Mining would cool its heels for some time as it folds in its recent purchases.” “If those assets are formally for sale, we have no intention to be in that process. We have lots on our plate right now. Don't expect anything of any size or materiality out of us for probably the next couple of years," he said. Although Lundin has been tracking Anglo's moves for the past few years expecting new Chief Executive Officer Mark Cutifani to sell some assets, it is not after the Chilean mines that sources say the global miner has put up for sale.

Lundin Mining Corporation Announces Production Results for the Months of October 2014 at Eagle Mine

Lundin Mining Corporation announced the commercial production at the Eagle Mine (Eagle), a high-grade nickel-copper mine located in the Upper Peninsula of Michigan, USA. The mine began operations on September 23 ahead of schedule and on budget. The milestone was reached within two months of start-up and well before the target of Quarter 1, 2015. For the month, the company's copper production was 1,259 tonnes, nickel production was 1,301 tonnes and Throughput was 1,536 tonnes per day.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LUNMF:US $4.90 USD +0.079

LUNMF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bodycote PLC 662.00 GBp +12.50
Carpenter Technology Corp $48.03 USD -0.07
HudBay Minerals Inc C$9.90 CAD +0.18
Iluka Resources Ltd A$6.00 AUD +0.07
Lonmin PLC 168.70 GBp -2.00
View Industry Companies
 

Industry Analysis

LUNMF

Industry Average

Valuation LUNMF Industry Range
Price/Earnings 21.4x
Price/Sales 4.0x
Price/Book 0.8x
Price/Cash Flow 12.2x
TEV/Sales 4.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact LUNDIN MINING CORP, please visit www.lundinmining.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.