Lundin Mining Achieves 2025 Production Guidance and Releases 2026–2028 Outlook

Published: Jan 22, 2026 20:45

Save

Lundin Mining Corporation announced its 2025 full-year production results and production guidance for 2026–2028, achieving consolidated production guidance across all metals for the third consecutive year.

On a 100% basis, 2025 production totaled 331,232t of copper, 141,859oz of gold, and 9,907t of nickel at the Eagle mine. In Q4 2025, the Company produced over 87,000t of copper and 34,000oz of gold. Caserones delivered its strongest quarterly performance since acquisition, producing 39,612t of copper, supported by higher head grades and cathode output.

Looking ahead, Lundin forecasts 2026 consolidated copper production of 310,000–335,000t and gold production of 134,000–149,000oz, with cash costs of US$1.90–2.10/lb. Copper production is guided at 315,000–340,000t in 2027 and 290,000–315,000t in 2028. 2026 sustaining capex is expected at US$550 million, expansionary capex at US$445 million, and exploration spend at US$53 million, primarily focused on in-mine and near-mine targets.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

20 hours ago

Record Number of Investors Buy Gold on Iran War Price Crash

20 hours ago

Analysts see silver at $90 and gold at $5,000 per ounce by the end of the year

The gold price set a technical signal last week while providing fresh fuel for the debate over its future direction.

20 hours ago

Apr 3, 2026 11:51

Platinum Prices Held Up Well Intraday, Spot Discounts Remained Basically Flat, and Overall Trading Was Sluggish [SMM Daily Review]

Apr 3, 2026 11:51