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Press Release - MINING COM

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

Workers at Lundin s Candelaria mine in Chile accept new agreement

By Reuters Staff 2 Min Read FILE PHOTO: A man passes the Lundin Group mining company booth during the Prospectors and Developers Association of Canada (PDAC) annual convention in Toronto, Ontario, Canada March 4, 2019. REUTERS/Chris Helgren SANTIAGO (Reuters) - One of the unions on strike at Chile’s Candelaria copper mine accepted a 30-month collective agreement from Lundin Mining Corp on Friday, the company and the union said. The Candelaria AOS Union, representing about 550 workers at Lundin’s Candelaria operations in Chile, accepted the last formal offer, presented by Candelaria on Nov. 12, the company said. It said it was assessing a resumption of partial operations at the mine, while the other union, Candelaria Mine Workers Union, representing about 350 workers, continues its strike.

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