Type Public Key people Paul Conibear CFO Marie Inkster Headquarters Toronto, Canada | Founded 1994 Number of employees 1,500 (2008) CEO Paul K. Conibear Founder Adolf H. Lundin | |
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Traded as TSX: LUN
Nasdaq Stockholm: LUMI Industry Industrial Metals & Minerals Stock price LUNMF (OTCMKTS) US$ 5.54 -0.19 (-3.40%)14 Mar, 4:00 PM GMT-4 - Disclaimer | ||
Interview with mike richard from lundin mining
Lundin Mining is a multinational minerals company with operations in Sweden, Ireland, Spain, Portugal, the Democratic Republic of Congo, and Russia. Lundin Mining is headquartered in Toronto, Ontario and trades on the Toronto Stock Exchange as part of the S&P/TSX 60 index. The company also trades on the Swedish Nordic Exchange with an overall market capitalization of around 1.7 billion CAD as at July 14, 2009. The company is currently developing the Tenke Fungurume Copper and Cobalt deposit in the Democratic Republic of Congo in which it owns at 24.75 percent stake (as Tenke Mining Corp.).
Contents
Lundin Mining was founded in 1994.
Recent developments
On July 4, 2007, Lundin acquired Tenke Mining.
In November 2008, HudBay Minerals attempted to take over Lundin Mining.
In January 2011, Lundin and Inmet Mining proposed a merger to form Symterra. The deal fell through on March 29, 2011.
On June 12, 2013, Lundin Mining announced the acquisition of Rio Tinto's Eagle nickel and copper mine for $325 million.
On 2014, Lundin Mining bought the copper mine "Candelaria", this mine has a production of 168 tonnes of concentration of copper per year and is located in Chile in the third region, this purchase was a total of $1,8 Billion.
In January 2017, Lundin Mining reported full year 2016 production totaling 205,154 tonnes of copper, 24,114 tonnes of nickel and 148,050 of zinc.
Management
The chairman of Lundin Mining is Lukas Lundin, the son of Adolf H Lundin, the company founder. The current CEO is Paul Conibear. Adolf Lundin is also founder of Lundin Petroleum (2001).