Lundin Mining Reported Second Quarter 2025 Results
Mining News | 2025-08-07 13:02:48
Importantly, the company’s record safety performance during Q1 this year continued into Q2, he added.
By Paul Ploumis
SEATTLE (Scrap Monster): Lundin Mining Corporation reported results for the second quarter of 2025.
In the second quarter, the company's continuing activities generated $937.2 million in sales. The company's stockholders received $126.1 million, or $0.15 per share, in net earnings from continuing operations during the quarter. Adjusted earnings from continuing operations came to $0.11 per share, or $98.2 million. Additionally, it reported $394.7 million in adjusted EBITDA for the quarter.
In Q2 2025, Lundin Mining produced 80,073 tonnes of copper, 38,118 ounces of gold, and 2,713 tonnes of nickel. It should be mentioned that the company has already stated its strategic goals to rank among the top ten producers of copper worldwide and generate more than 500,000 tonnes of copper and 550,000 ounces of gold annually.
The company's portfolio of superior assets continued to produce strong results throughout the quarter, according to President and CEO Jack Lundin's comments on the performance. It is expected to reach the midpoint of its current year's production guidance. Crucially, he continued, the company's record safety performance from Q1 of this year carried over into Q2.
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