Lundin Mining Stock News

(Kitco News) - Lundin Mining (TSX: LUN) announced Thursday that production of all metals in 2021 met or exceeded the company's most recent annual production guidance.

Lundin Mining Corporation's (LUNMF) CEO Peter Rockandel on Q4 2021 Results - Earnings Call Transcript

VANCOUVER, BC , Feb. 17, 2022 /CNW/ - Josemaria Resources Inc. (TSX: JOSE ) (OMX: JOSE) (OTCQB: JOSMF ) ("Josemaria" or the "Company"), is pleased to provide an update on its previously announced transaction with Lundin Mining Corporation ("Lundin Mining") (TSX: LUN ) (OMX: LUMI) whereby Lundin Mining will acquire all of the outstanding common shares of Josemaria (the "Transaction") on the terms and conditions set out in the arrangement agreement between the Company and Lundin Mining dated December 19, 2021 (the "Arrangement Agreement"). View PDF On February 17, 2022 , Lundin Mining announced a semi-annual variable performance dividend of CDN$0.11 per Lundin Mining share to be paid to Lundin Mining shareholders. In accordance with the terms of the Arrangement Agreement, the share consideration payable pursuant to the Transaction will be adjusted such that, for each whole Lundin Mining share that is issued to a Josemaria shareholder on closing of the Transaction, CDN$0.11 in cash will also be paid to such Josemaria shareholder to reflect the semi-annual variable performance dividend of Lundin Mining.

Lundin Mining press release (LUNMF): Q4 Non-GAAP EPS of $0.38 beats by $0.03.Revenue of $1.02B (+92.6% Y/Y) beats by $73.73M.

TORONTO , Feb. 17, 2022 /CNW/ - (TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announced that its Board of Directors has declared a regular quarterly dividend of CAD$0.09 per share and a semi-annual performance dividend of CAD$0.11 per share, for a combined total of CAD$0.20 per share of dividends declared. The dividends are payable on April 13, 2022, to shareholders of record at the close of business on March 25, 2022 and qualify as an ''eligible dividend'' for Canadian income tax purposes. The Company''s total dividend is supported by its dividend framework aimed at returning to shareholders, through a combination of a regular base dividend and semi-annual variable performance dividend, a minimum target of 40% of operating cash flow after capital investments, contingent payments and distributions to partners. The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. Dividends on shares traded on the Toronto Stock …

TORONTO , Feb. 17, 2022 /CNW/ - (TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today reported earnings attributable to Lundin Mining shareholders of $228.8 million ( $0.31 per share) in the fourth quarter and $780 .3 million ( $1.06 per share) for the year ended December 31, 2021 . Adjusted earnings 1 were $281.5 million ( $0.38 per share) for the quarter and $820 .6 million ( $1.11 per share) for the year. Adjusted EBITDA 1 were $623.0 million for the quarter and $1,869 .4 million for the year. Peter Rockandel , President and CEO commented, "We were able to take advantage of the favourable base metal price environment and set many Lundin Mining all-time financial records in 2021 including generating net earnings of nearly $880 million, adjusted EBITDA of $1.9 billion , free cash flow of over $1 billion, and dividends paid of over $225 million . Our operations finished the year strong with excellent fourth quarter performance, including significant improvement at Candelaria.

TORONTO , Feb. 17, 2022 /CNW/ - (TSX: LUN ) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announces the retirement of Mr. Lukas Lundin from the Chair of Lundin Mining''s Board of Directors (the "Chair" and the "Board"), effective at the time of the Company''s 2022 Annual Shareholders Meeting. Mr. Ashley Heppenstall , Lead Director of Lundin Mining'' Board, said, "On behalf of the Board, I would like to thank Lukas for the invaluable strategic guidance and perspective he has provided as Chair of Lundin Mining. His strong vision and leadership have been paramount to the Company''s success, growing from a small team with an exploration property in 1994, to a leading base metal producer with five operations, a global workforce of over 11,000 people and significant growth potential, today." Peter Rockandel , Lundin Mining''s President and CEO, added, "I would like to thank Lukas for his many years of counsel and support provided to the Board and leadership team as Lundin Mining has grown.

Lundin Mining Remains A Compelling Copper Play Following Josemaria Acquisition

(Kitco News) - Lundin Gold says produced 428,514 oz of gold at Fruta del Norte in 2021, exceeding the company's 2021 guidance of 380,000 to 420,000 oz.

Lundin Mining Co. (TSE:LUN) Analysts at Raymond James dropped their Q3 2022 earnings estimates for Lundin Mining in a report released on Tuesday, December 21st. Raymond James analyst F. Hamed now anticipates that the mining company will post earnings of $0.19 per share for the quarter, down from their previous forecast of $0.20. Raymond []

Lundin Mining (TSE:LUN) had its price objective decreased by analysts at Raymond James from C$13.00 to C$12.00 in a research note issued to investors on Wednesday, Price Targets.com reports. The firm currently has a market perform rating on the mining companys stock. Raymond James target price suggests a potential upside of 26.72% from the companys []

A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

Lundin Mining (TSX: LUN) is evidently looking to expand its current copper holdings. The firm this morning announced that it