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The latest announcement is out from Lundin Mining ( (TSE:LUN) ).
Lundin Mining announced record production results for 2024, achieving unprecedented levels in copper and zinc outputs. The company also provided guidance for 2025, reflecting changes in production due to strategic divestitures and expansions. Copper production is expected to be between 303,000 to 330,000 tonnes, with a C1 cash cost ranging from $2.05/lb to $2.30/lb. The company plans significant capital expenditures, including $530 million in sustaining capital and $205 million in expansionary capital. These developments underscore Lundin Mining’s strategic focus on maintaining robust operational performance while navigating industry changes.
More about Lundin Mining
Lundin Mining Corporation operates in the mining industry, focusing on the production of base metals such as copper, zinc, nickel, and gold. The company is known for its strategic operations and market presence in metals essential to various industrial applications.
YTD Price Performance: 0.0%
Average Trading Volume: 167,550
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $6.59B
See more insights into LUN stock on TipRanks’ Stock Analysis page.
