Lundin Mining Reports Strong Q2 with Record Revenues

Lundin Mining (TSE:LUN) has released an update.

Lundin Mining Corporation announced a strong second quarter in 2024 with record revenues of $1.1 billion and robust financial metrics, including $461 million in adjusted EBITDA and $338 million in free cash flow, supported by favorable commodity prices and efficient operations. The company is on track to meet its annual production goals for copper, gold, and zinc, and has reduced its capital expenditure forecast by $45 million, signaling a positive outlook for the remainder of the year.

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