Lundin Mining First Quarter Results
TORONTO, April 28, 2021 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI)
Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported cash flows of $158.7 million generated from operations in its first quarter 2021. Adjusted operating cash flow
2 for the quarter was $279.8 million ($0.38 per share). Net earnings attributable to Lundin Mining shareholders for the quarter was $135.2 million ($0.18 per share) and adjusted earnings
2 was $144.4 million ($0.20 per share). Adjusted EBITDA
2 was $354.4 million for the quarter.
Marie Inkster, President and CEO commented,
"Our operations performed well in the first quarter. Candelaria and Chapada significantly increased mill throughput quarter-over-quarter and a new record for zinc ore was set at Zinkgruvan. With increasing ore grades at Candelaria and Chapada, we are well positioned to deliver our annual guidance.