Lundin Mining Announced Strategic Vision and Financial Outlook

SEATTLE (Scrap Monster): Vancouver, B.C.-based Lundin Mining Corporation announced that it will host a Capital Markets Day on June 18, 2025, which will highlight the company’s strategic vision and financial outlook. Incidentally, the company targets to become a global top-ten copper producer and achieve copper production of over 500,000 tonnes per year and gold production of over 550,000 ounces per year.

In order to increase its copper production by between 30,000 to 40,000 tonnes annually, the business has laid out medium-term brownfield growth prospects over the next three to five years. At the Candelaria, Caserones, and Chapada mines, it intends to carry out low capital intensity projects.

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Furthermore, the business anticipates substantial development prospects in the Vicuna Project, in which it owns a 50% stake. The Project has the potential to transform the company’s copper, gold and silver production profile, it said.

Lundin Mining has maintained its output forecast for 2025. For copper, gold, and nickel, it is still on course to meet the year consolidated production target.

According to President and CEO Jack Lundin, the business is embarking on an exciting new stage of expansion. He noted that the business anticipates substantial exploration upside across all of its activities.