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Lundin Mining Corporation (T:LUN)

Business Focus: Integrated Mining

Sector:  Basic Materials Industry:  Integrated Mining
See Regulatory Filings on SEDAR
Company Contact
Address: 2200-150 King St W,
P.O. Box 38
Tel: N/A
IR: See website
Key People
Lukas H. Lundin
Chairman of the Board
Derek Riehm
Vice President - Environment
Marie Inkster
President, Chief Executive Officer, Director
Jinhee Magie
Chief Financial Officer, Senior Vice President
Peter Richardson
Chief Operating Officer, Senior Vice President
Andrew Hastings
Senior Vice President, General Counsel
Peter Thomas Rockandel
Senior Vice President of Corporate Development and Investor Relations
J. Mikael Schauman
Senior Vice President - Commercial
Jean-Claude Lalumiere
Vice President of Human Resources
Stephen T. Gatley
Vice President - Technical Services
Business Overview
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC). Its segments include Candeleria, Chapada, Eagle, Neves-Corvo, Zinkgruvan, Tenke Fungurume and Other. Its geographical segments include Europe, Asia, South America and North America. It is engaged in producing copper, nickel and zinc. Its operating assets include the Eagle mine located in the United States, the Neves-Corvo mine located in Portugal and the Zinkgruvan mine located in Sweden. It also owns the Candelaria and Ojos del Salado mining complex (Candelaria) located in Chile. It is engaged in drilling on the Elida porphyry project.
Financial Overview
For the three months ended 31 March 2020, Lundin Mining Corporation revenues decreased 9% to $378M. Net loss totaled $111.5M vs. income of $51.7M. Revenues reflect candelaria segment decrease of 26% to $173M, Copper, Avg. Price per Met. Tonne, Total decrease of 37% to $4231 per metric ton, Copper Production (Metric Tonnes)-Zinkgr decrease of 7% to 1K metric tons.
Employees: 4,170 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $5,391M as of Mar 31, 2020
Annual revenue (TTM): $2,519M as of Mar 31, 2020
EBITDA (TTM): $789.40M as of Mar 31, 2020
Net annual income (TTM): $5.58M as of Mar 31, 2020
Free cash flow (TTM): -$97.68M as of Mar 31, 2020
Net Debt Last Fiscal Year: $157.12M as of Mar 31, 2020
Shares outstanding: 733,632,947 as of May 29, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization