Lundin Mining

Denarius Metals Announces Positive Pre-Feasibility Study Results Supporting a Restart of Mining Operations at the Aguablanca Project in Extremadura, Spain

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Giovedì, Aprile 11, 2024
Copper, Dewatering, PFS, Sale, Lundin Mining, LOM, Capital expenditure, Public expenditure, FOB, Gold, Social impact assessment, Workforce, Palladium, SAG, Platinum, Nickel

The Aguablanca Project is located in southwestern Spain, approximately a 45 minute drive north of Seville.

Key Points: 
  • The Aguablanca Project is located in southwestern Spain, approximately a 45 minute drive north of Seville.
  • Underground mining has been approved by the state mining authority and the Environmental Impact Study approved in 2017 is still in force.
  • The Aguablanca Project is currently in a position to quickly restart mining and processing operations.
  • The 5,000 tpd processing plant has been maintained in good condition over the years since it was last operated by Lundin Mining.

Lundin Mining Announces Dates of Annual and Special Meeting of Shareholders and First Quarter 2024 Results

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Venerdì, Aprile 12, 2024
Chartered Professional Accountant, Remuneration, Lundin Mining, Conference call, Suite, Lundin, TSX, Conference, PDF, Circular, PwC, Webcast, LUN, Special, Euroclear, CDS, Nasdaq Stockholm, Bank statement, Mining, Telephone, LUMI, Computershare, Security (finance)

VANCOUVER, BC, April 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announces that its Annual and Special Meeting will be held on Friday, May 10, 2024 (the "Meeting") at 10:00 a.m. Vancouver time as a hybrid format.

Key Points: 
  • VANCOUVER, BC, April 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announces that its Annual and Special Meeting will be held on Friday, May 10, 2024 (the "Meeting") at 10:00 a.m. Vancouver time as a hybrid format.
  • To facilitate increased shareholder attendance and participation, the Company has made arrangements to enable shareholders and proxyholders to attend and vote virtually and in-person at this year's Meeting.
  • Detailed information on how shareholders can participate in the Meeting and vote is available in the Circular.
  • Shareholders who hold Euroclear Registered Securities are not registered holders of voting securities for the purposes of voting at the Meeting.

Lundin Mining Reports Fatality at Neves-Corvo Mine

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Lunedì, Febbraio 12, 2024
Fatality, TSX, Neves-Corvo mine, LUN, LUMI, Lundin Mining, Family

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") regrets to report a fatality at its Neves-Corvo mine in Portugal on Monday, February 12, 2024.

Key Points: 
  • VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") regrets to report a fatality at its Neves-Corvo mine in Portugal on Monday, February 12, 2024.
  • An employee while operating a piece of equipment underground was tragically involved in a fall of ground that resulted in a fatal accident.
  • View PDF
    Lundin Mining President and CEO Jack Lundin stated "We are deeply saddened by this tragic incident.
  • The Company has notified the appropriate authorities in Portugal and is providing its full cooperation in their investigation.

Kinterra Appoints Amanda Zeidler as Senior Director, Environment for White Pine Copper

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Venerdì, Febbraio 2, 2024
Environmental, Social and Governance (ESG), Natural Resources, Professional Services, Asset Management, Mining, Minerals, Mineral, Rio Tinto, Risk management, Environmental studies, Investment, Lundin Mining, Management

Kinterra Capital Corp. ("Kinterra Capital"), a private equity firm that invests in and develops key critical minerals assets and strategic infrastructure necessary for the energy transition, is pleased to announce the appointment of Amanda Zeidler as Senior Director, Environment for its portfolio company, White Pine Copper (“White Pine” or “the Company"), owner and operator of one North America's largest independently-owned copper assets.

Key Points: 
  • Kinterra Capital Corp. ("Kinterra Capital"), a private equity firm that invests in and develops key critical minerals assets and strategic infrastructure necessary for the energy transition, is pleased to announce the appointment of Amanda Zeidler as Senior Director, Environment for its portfolio company, White Pine Copper (“White Pine” or “the Company"), owner and operator of one North America's largest independently-owned copper assets.
  • The Company is a joint venture between a Kinterra affiliate and Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF).
  • “Amanda is an excellent addition to the White Pine team,” said Cheryl Brandon, Co-Managing Partner of Kinterra Capital.
  • “I am thrilled to be joining the highly experienced teams at Kinterra and Highland to advance the White Pine Copper project,” said Zeidler.

Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump

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Giovedì, Gennaio 11, 2024
EVS, Lundin Mining, FWB, Knowledge, Silver, Table, 3D, VMS, Construction, Rio Tinto, Technical report, LUMI, Learning, Heart, Culture, Zone, Mining, Copper, Zinc, Disclosure, Porcupine, MOST, Transport, Lens, PALM, Nickel, Senior, Oyu Tolgoi mine, MRE, Rio Tinto (corporation), Developed country, Gold, TSX, Technical, OTCQX, FIL, Exercise, Filo, JDS, Haines Borough, Alaska, Electronics, FCX, News, LUN, Urbanization, Molybdenum, Project, ITS

A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.

Key Points: 
  • A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.
  • Copper is essential for constructing infrastructure projects such as buildings, bridges, and electrical systems.
  • Hence, government initiatives and policies promoting infrastructure development can significantly boost the market.
  • The mining industry, mainly of copper, will likely increase significantly due to increased investment in construction and construction projects.

First American Uranium Announces Change of Directors and Grant of Options

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Giovedì, Gennaio 11, 2024
Share (finance), Option, Uranium, Metallurgy, Society, University, Exercise, Lundin Mining

The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy.

Key Points: 
  • The Company is pleased to also announce that Eugene D. Spiering has been appointed a director of the Company to fill the vacancy.
  • He presently serves as director for Anfield Energy, Nuclear Fuels Inc., Southern Silver Exploration Corp. and for Arizona Silver Exploration.
  • Pursuant to the Company’s Share Option Plan and subject to regulatory approval, the Company has granted 300,000 stock options (the “Options”) to Mr. Spiering.
  • The Shares to be issued on the exercise of the Options will be subject to a hold period of four months and a day from the date of grant of the Options.

Denarius Metals Accelerates Its Path to Production in Spain with the Acquisition of 50% of Rio Narcea Recursos and Its Aguablanca Mine in Extremadura and Andalucia, Spain

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Martedì, Dicembre 5, 2023
Denarius, Copper, Platinum, Lundin Mining, TSX Venture Exchange, Resource, Agreement, Underground, Acquisition, Mining, MRE, Gold, Palladium, Social impact assessment, Autonomy, RNR, EIS, CRS, EUR, Good, History, Nickel, Uranium mining

The acquisition gives us ownership in the only nickel deposit in Spain and one of the few in Europe.

Key Points: 
  • The acquisition gives us ownership in the only nickel deposit in Spain and one of the few in Europe.
  • The acquisition also accelerates our path to production from our flagship Lomero Project using excess capacity available in RNR's 5,000 tonnes per day ("tpd") processing plant.
  • The acquisition of the 50% stake in RNR is subject to conditional approval of the TSX Venture Exchange.
  • Discovered in 1994, the Aguablanca mine was one of the only deposits in Spain able to produce nickel (sole producer) and copper.

Lundin Mining Announces Completion of CEO Transition Process

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Lunedì, Dicembre 4, 2023
LUN, Lundin Mining, Aphria (company), TSX, LUMI, Management

VANCOUVER, BC, Dec. 4, 2023 /PRNewswire/ -- - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the previously disclosed CEO transition plan has progressed well, the Board of Directors has agreed that Jack Lundin will formally assume the role of Chief Executive Officer effective immediately.

Key Points: 
  • VANCOUVER, BC, Dec. 4, 2023 /PRNewswire/ -- - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the previously disclosed CEO transition plan has progressed well, the Board of Directors has agreed that Jack Lundin will formally assume the role of Chief Executive Officer effective immediately.
  • Mr. Lundin will join the Board of Directors on January 1, 2024.
  • Jack Lundin, President and CEO commented "I would like to thank Peter and my fellow colleagues for allowing such a smooth transition to take place.
  • I look forward to building off the significant progress that has been made during Peter's tenure with the Company."

Lundin Mining Third Quarter 2023 Results

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Mercoledì, Novembre 1, 2023
Lundin Mining, Gold, Engineering, Sustainability, Mining, Government, The Fletcher School at Tufts University, Copper, Health, International Finance Corporation, Tufts University, Molybdenum, Nickel, Maintenance, Electricity, AngloGold Ashanti, Acquisition, Caseron Marques de Camachos, McGill University, Private practice, Eagle, BHP, Risk management, McCarthy Tétrault, Business administration, Zinc, University, Occupational safety and health, Partner, Head, Master of Arts, Fruta del Norte mine, Neves-Corvo mine, Nathan, General counsel, Environmental law, University of Chile, Uranium mining, Management, Science, Safety, Biology

Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.

Key Points: 
  • Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.
  • Current quarter production costs and copper cash cost of $2.19/lb were higher than the prior year quarter largely owing to higher contractor and maintenance costs and unfavorable foreign exchange.
  • Nickel cash cost in the quarter of $2.07/lb was higher than the prior year quarter primarily due to lower by-product credits and higher production costs.
  • Production costs during the quarter were lower than the prior year quarter despite higher sales, primarily due to reduced electricity costs.

Luca Mining Announces Appointment of Chris Richings as Vice-President Technical

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Martedì, Ottobre 10, 2023
OTCQX, Lundin Mining, LUCA, Luca, Cobham Technical Services, Management

VANCOUVER, BC, Oct. 10, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company" (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is pleased to announce the appointment of Mr. Chris Richings as Vice-President Technical for Luca.

Key Points: 
  • VANCOUVER, BC, Oct. 10, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company" (TSX-V: LUCA; OTCQX: LUCMF; Frankfurt: Z68) is pleased to announce the appointment of Mr. Chris Richings as Vice-President Technical for Luca.
  • Chris has over 20 years of experience in underground and open pit mining operations in North and South America.
  • Mike Struthers, CEO, commented: "I'm delighted to welcome former colleague Chris Richings to the Luca team.
  • As our new Vice-President Technical, Chris will provide invaluable leadership and direction in all technical disciplines at our mines but will initially focus on improving processes and performance at our Campo Morado Mine.