About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining firm with operations and tasks in Argentina , Brazil , Chile , Portugal , Sweden and the US of America , primarily producing copper, zinc, gold and nickel.
The knowledge was submitted for publication, by means of the company of the contact individuals set out under on August 24, 2024 at 17:00 Vancouver Time.
Cautionary Assertion on Ahead-Wanting Data
Sure of the statements made and knowledge contained herein are “forward-looking info” throughout the that means of relevant Canadian securities legal guidelines. All statements aside from statements of historic details included on this doc represent forward-looking info, together with however not restricted to statements relating to the Firm’s plans, prospects and enterprise methods; the Firm’s method to decision and procedures relating to the strike and its expectations relating to the return to regular operations; the Firm’s steerage on the timing and quantity of future manufacturing and its expectations relating to the outcomes of operations; anticipated prices; allowing necessities and timelines; timing and potential end result of pending litigation; the outcomes of any Preliminary Financial Evaluation, Pre-Feasibility Research, Feasibility Research, or Mineral Useful resource and Mineral Reserve estimations, lifetime of mine estimates, and mine and mine closure plans; anticipated market costs of metals, foreign money alternate charges, and rates of interest; the event and implementation of the Firm’s Accountable Mining Administration System; the Firm’s skill to adjust to contractual and allowing or different regulatory necessities; anticipated exploration and growth actions on the Firm’s tasks; enlargement tasks and the conclusion of further worth; expectations relating to, and talent to finish, the acquisition of Filo Corp. and the 50/50 three way partnership with BHP; the anticipated growth and different plans with respect to the acquisition and three way partnership; the Firm’s integration of acquisitions and expansions and any anticipated advantages thereof; and expectations for different financial, enterprise, and/or aggressive components. Phrases comparable to “consider”, “anticipate”, “anticipate”, “ponder”, “goal”, “plan”, “purpose”, “goal”, “intend”, “proceed”, “price range”, “estimate”, “might”, “will”, “can”, “may”, “ought to”, “schedule” and comparable expressions determine forward-looking info.
Ahead-looking info is essentially primarily based upon varied estimates and assumptions together with, with out limitation, the expectations and beliefs of administration, together with that the Firm can entry financing, acceptable tools and enough labour; assumed and future value of copper, zinc, gold, nickel and different metals; anticipated prices; skill to realize targets; the immediate and efficient integration of acquisitions; that the political surroundings during which the Firm operates will proceed to assist the event and operation of mining tasks; and assumptions associated to the components set forth under. Whereas these components and assumptions are thought-about affordable by Lundin Mining as on the date of this doc in gentle of administration’s expertise and notion of present situations and anticipated developments, these statements are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies. Identified and unknown components may trigger precise outcomes to vary materially from these projected within the forward-looking info and undue reliance shouldn’t be positioned on such info. Such components embrace, however should not restricted to: the lack to resolve labour disruptions; world monetary situations, market volatility and inflation, together with pricing and availability of key provides and providers; dangers inherent in mining together with however not restricted to dangers to the surroundings, industrial accidents, catastrophic tools failures, uncommon or sudden geological formations or unstable floor situations, and pure phenomena comparable to earthquakes, flooding or unusually extreme climate; uninsurable dangers; volatility and fluctuations in metallic and commodity demand and costs; vital reliance on property in Chile ; status dangers associated to detrimental publicity with respect to the Firm or the mining business usually; delays or the lack to acquire, retain or adjust to permits; dangers referring to the event of the Josemaria Undertaking; well being and security legal guidelines and laws; dangers related to local weather change; dangers referring to indebtedness; financial, political and social instability and mining regime adjustments within the Firm’s working jurisdictions, together with however not restricted to these associated to allowing and approvals, nationalization or expropriation with out truthful compensation, environmental and tailings administration, labour, commerce relations, and transportation; lack of ability to draw and retain extremely expert staff; dangers inherent in and/or related to working in overseas international locations and rising markets, together with with respect to overseas alternate and capital controls; undertaking financing dangers, liquidity dangers and restricted monetary assets; well being and security dangers; compliance with environmental, unavailable or inaccessible infrastructure, infrastructure failures, and dangers associated to ageing infrastructure; altering taxation regimes; the lack to successfully compete within the business; the lack to presently management Filo Corp. and the power to fulfill the situations and consummate the acquisition of Filo Corp. and the three way partnership transaction with BHP on the proposed phrases and anticipated schedule; dangers related to acquisitions, expansions and associated integration efforts, together with the power to realize anticipated advantages, unanticipated difficulties or expenditures referring to integration and diversion of administration time on integration; dangers associated to mine closure actions, reclamation obligations, environmental liabilities and closed and historic websites; reliance on key personnel and reporting and oversight programs, in addition to third events and consultants in overseas jurisdictions; info expertise and cybersecurity dangers; dangers related to the estimation of Mineral Sources and Mineral Reserves and the geology, grade and continuity of mineral deposits together with however not restricted to fashions relating thereto; precise ore mined and/or metallic recoveries various from Mineral Useful resource and Mineral Reserve estimates, estimates of grade, tonnage, dilution, mine plans and metallurgical and different traits; ore processing effectivity; group and stakeholder opposition; regulatory investigations, enforcement, sanctions and/or associated or different litigation; monetary projections, together with estimates of future expenditures and money prices, and estimates of future manufacturing might not be dependable; implementing authorized rights in overseas jurisdictions; dangers related to using derivatives; dangers referring to joint ventures and operations; environmental and regulatory dangers related to the structural stability of waste rock dumps or tailings storage amenities; alternate price fluctuations; compliance with overseas legal guidelines; potential for the allegation of fraud and corruption involving the Firm, its prospects, suppliers or staff, or the allegation of improper or discriminatory employment practices, or human rights violations; dangers referring to dilution; dangers referring to fee of dividends; counterparty and buyer focus dangers; activist shareholders and proxy solicitation issues; estimation of asset carrying values; relationships with staff and contractors, and the potential for and results of labour disputes or different unanticipated difficulties with or shortages of labour or interruptions in manufacturing; conflicts of curiosity; existence of serious shareholders; challenges or defects in title; inner controls; dangers referring to minor parts contained in focus merchandise; the risk related to outbreaks of viruses and infectious ailments; mining charges and rehabilitation tasks; mill shut downs; and different dangers and uncertainties, together with however not restricted to these described within the “Dangers and Uncertainties” part of the Firm’s MD&A for the three and 6 months ended June 30, 2024 and the “Dangers and Uncertainties” part of the Firm’s Annual Data Kind for the 12 months ended December 31, 2023 , which can be found on SEDAR+ at www.sedarplus.com underneath the Firm’s profile.
All the forward-looking info on this doc are certified by these cautionary statements. Though the Firm has tried to determine essential components that would trigger precise outcomes to vary materially from these contained in forward-looking info, there could also be different components that trigger outcomes to not be as anticipated, estimated, forecasted or meant and readers are cautioned that the foregoing record is just not exhaustive of all components and assumptions which can have been used. Ought to a number of of those dangers and uncertainties materialize, or ought to underlying assumptions show incorrect, precise outcomes might range materially from these described in forward-looking info. Accordingly, there could be no assurance that forward-looking info will show to be correct and forward-looking info is just not a assure of future efficiency. Readers are suggested to not place undue reliance on forward-looking info. The forward-looking info contained herein speaks solely as of the date of this doc. The Firm disclaims any intention or obligation to replace or revise ahead ‐ wanting info or to clarify any materials distinction between such and subsequent precise occasions, besides as required by relevant legislation.
SOURCE Lundin Mining Company
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