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LUMI - Lundin Mining News Story

SEK98.3 -3.7  -3.6%

Last Trade - 14/05/21

Sector
Basic Materials
Size
Large Cap
Market Cap £6.14bn
Enterprise Value £6.52bn
Revenue £1.66bn
Position in Universe 120th / 1832

BRIEF-Lundin Mining Reports Qtrly Diluted Net Loss Per Share $0.01

Thu 25th July, 2019 2:08am
July 24 (Reuters) - Lundin Mining Corp  LUN.TO :
    * QTRLY  REVENUE $ 369.3 MILLION VERSUS  $467.7 MILLION
    * QTRLY DILUTED NET LOSS PER SHARE $0.01
    * LUNDIN MINING - SEES 2019 TOTAL CAPEX, EXCLUDING
CAPITALIZED
INTEREST, TO BE $695 MILLION, $50 MILLION LOWER THAN PREVIOUSLY
DISCLOSED
    * Q2 EARNINGS PER SHARE VIEW $0.05, REVENUE VIEW $425.6
MILLION --
REFINITIV IBES DATA
    * LUNDIN MINING- CASH AND CASH EQUIVALENTS OF $735.1 MILLION
FOR
QUARTER ENDED JUNE 30 REMAINED RELATIVELY UNCHANGED FROM $734.7
MILLION REPORTED IN Q1 2019
    * QTRLY COPPER PRODUCTION 47,685 TONNES VERSUS 51,098 TONNES
    * LUNDIN MINING - QTRLY ZINC PRODUCTION 37,116 TONNES VERSUS
37,075 TONNES
    * QTRLY NICKEL PRODUCTION 3,398     TONNES VERSUS 4,234
TONNES
    * 2019 PRODUCTION GUIDANCE UPDATED FOR COPPER PRODUCTION AT
NEVES-CORVO MINE TO 38,000 - 42,000 TONNES
    * 2019 PRODUCTION GUIDANCE UPDATED FOR NICKEL PRODUCTION AT
EAGLE
MINE TO 12,000 - 14,000 TONNES

Source text for Eikon:  ID:nPreJ8WVka 
Further company coverage:  LUN.TO 

 ((Reuters.Briefs@thomsonreuters.com;))
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