TORONTO, Nov. 22, 2021 /PRNewswire/ (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") provides the following production guidance for the three-year
1 Attributable to shareholders of Lundin Mining Corporation.
2 These are non-GAAP measures. Please refer to the Company s discussion of non-GAAP measures in its Management s Discussion and Analysis for the year ended December 31, 2020.
Highlights
Operational Performance
Annual production of all metals met or exceeded the Company s most recent annual production guidance despite the operational challenges of the latter part of the year. The Company continued to effectively manage costs and all operations reported cash costs that were better than the most recent annual guidance. Annual capital expenditures of $431.2 million were modestly lower than the most recent guidance of $445.0 million.
In March 2020, the World Health Organization declared the COVID-19 outbreak a global pandemic. The Company has adapted to a new way of operating and continues to manage and respond to the COVID-19 pandemic. Preventative measures have been implemented across the organization to ensure the safe
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