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Lundin Mining Second Quarter Results


Lundin Mining Second Quarter Results
TORONTO, July 29, 2021 /PRNewswire/ (TSX: LUN) (Nasdaq: LUMI) (Stockholm: LUMI)
Lundin Mining Corporation ( Lundin Mining or the Company ) today reported cash flows of $419.0 million generated from operations in its second quarter. Adjusted operating cash flow
2 was $431.6 million ($0.58 per share) and free cash flow
2 was $298.9 million for the quarter ended June 30, 2021. Net earnings attributable to Lundin Mining shareholders for the quarter was $242.6 million ($0.33 per share). Adjusted earnings
2 was $226.3 million ($0.31 per share) for the quarter and adjusted EBITDA
2 were $480.7 million for the quarter. View PDF version
Marie Inkster, President and CEO commented,
Our operations performed well in the second quarter, particularly as our South American mines continued to address evolving challenges of COVID-19. Production of all metals increased over the first quarter. On this performance, we were abl ....

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Lundin Mining First Quarter Results


Lundin Mining First Quarter Results
Lundin Mining Corporation 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 . Net earnings attributable to Lundin Mining shareholders for the quarter was $135.2 million and adjusted earnings 2 was $144.4 million . Adjusted EBITDA 2 was $354.4 million for the quarter. Marie Inkster President and CEO …
 (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. ....

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Lundin Mining First Quarter Results


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. ....

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Press Release - MINING.COM


1 Attributable to shareholders of Lundin Mining Corporation.
2 These are non-GAAP measures. Please refer to the Company s discussion of non-GAAP measures in its Management s Discussion and Analysis for the year ended December 31, 2020.
Highlights
Operational Performance
Annual production of all metals met or exceeded the Company s most recent annual production guidance despite the operational challenges of the latter part of the year. The Company continued to effectively manage costs and all operations reported cash costs that were better than the most recent annual guidance. Annual capital expenditures of $431.2 million were modestly lower than the most recent guidance of $445.0 million.
In March 2020, the World Health Organization declared the COVID-19 outbreak a global pandemic. The Company has adapted to a new way of operating and continues to manage and respond to the COVID-19 pandemic. Preventative measures have been implemented across the organization ....

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