About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining firm with operations and initiatives in Argentina , Brazil , Chile , Portugal , Sweden and the US of America , primarily producing copper, zinc, gold and nickel.
The data was submitted for publication, via the company of the contact individuals set out beneath on August 24, 2024 at 17:00 Vancouver Time.
Cautionary Assertion on Ahead-Trying Data
Sure of the statements made and knowledge contained herein are “forward-looking info” inside the which means of relevant Canadian securities legal guidelines. All statements apart from statements of historic information included on this doc represent forward-looking info, together with however not restricted to statements concerning the Firm’s plans, prospects and enterprise methods; the Firm’s strategy to decision and procedures concerning the strike and its expectations concerning the return to regular operations; the Firm’s steerage on the timing and quantity of future manufacturing and its expectations concerning the outcomes of operations; anticipated prices; allowing necessities and timelines; timing and attainable 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 trade charges, and rates of interest; the event and implementation of the Firm’s Accountable Mining Administration System; the Firm’s potential to adjust to contractual and allowing or different regulatory necessities; anticipated exploration and growth actions on the Firm’s initiatives; growth initiatives and the belief of extra worth; expectations concerning, and skill 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 elements. Phrases akin to “consider”, “anticipate”, “anticipate”, “ponder”, “goal”, “plan”, “purpose”, “intention”, “intend”, “proceed”, “funds”, “estimate”, “might”, “will”, “can”, “might”, “ought to”, “schedule” and comparable expressions determine forward-looking info.
Ahead-looking info is essentially based mostly 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 adequate labour; assumed and future value of copper, zinc, gold, nickel and different metals; anticipated prices; potential to attain objectives; the immediate and efficient integration of acquisitions; that the political surroundings during which the Firm operates will proceed to help the event and operation of mining initiatives; and assumptions associated to the elements set forth beneath. Whereas these elements and assumptions are thought-about affordable by Lundin Mining as on the date of this doc in mild of administration’s expertise and notion of present circumstances and anticipated developments, these statements are inherently topic to vital enterprise, financial and aggressive uncertainties and contingencies. Recognized and unknown elements might 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 elements embrace, however are usually not restricted to: the shortcoming to resolve labour disruptions; world monetary circumstances, market volatility and inflation, together with pricing and availability of key provides and companies; dangers inherent in mining together with however not restricted to dangers to the surroundings, industrial accidents, catastrophic tools failures, uncommon or surprising geological formations or unstable floor circumstances, and pure phenomena akin to earthquakes, flooding or unusually extreme climate; uninsurable dangers; volatility and fluctuations in steel and commodity demand and costs; vital reliance on belongings in Chile ; popularity dangers associated to unfavourable publicity with respect to the Firm or the mining business generally; delays or the shortcoming to acquire, retain or adjust to permits; dangers referring to the event of the Josemaria Mission; well being and security legal guidelines and rules; dangers related to local weather change; dangers referring to indebtedness; financial, political and social instability and mining regime modifications 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 workers; dangers inherent in and/or related to working in international nations and rising markets, together with with respect to international trade and capital controls; mission 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 shortcoming to successfully compete within the business; the shortcoming to at the moment management Filo Corp. and the flexibility to fulfill the circumstances 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 flexibility to attain 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 international jurisdictions; info know-how and cybersecurity dangers; dangers related to the estimation of Mineral Assets 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 steel 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 is probably not dependable; imposing authorized rights in international jurisdictions; dangers related to the usage of 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; trade fee fluctuations; compliance with international legal guidelines; potential for the allegation of fraud and corruption involving the Firm, its prospects, suppliers or workers, or the allegation of improper or discriminatory employment practices, or human rights violations; dangers referring to dilution; dangers referring to cost of dividends; counterparty and buyer focus dangers; activist shareholders and proxy solicitation issues; estimation of asset carrying values; relationships with workers 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 great shareholders; challenges or defects in title; inner controls; dangers referring to minor parts contained in focus merchandise; the menace related to outbreaks of viruses and infectious illnesses; mining charges and rehabilitation initiatives; 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 Type for the yr ended December 31, 2023 , which can be found on SEDAR+ at www.sedarplus.com below the Firm’s profile.
The entire forward-looking info on this doc are certified by these cautionary statements. Though the Firm has tried to determine essential elements that would trigger precise outcomes to vary materially from these contained in forward-looking info, there could also be different elements that trigger outcomes to not be as anticipated, estimated, forecasted or meant and readers are cautioned that the foregoing record shouldn’t be exhaustive of all elements 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 differ materially from these described in forward-looking info. Accordingly, there may be no assurance that forward-looking info will show to be correct and forward-looking info shouldn’t be 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 ‐ trying info or to elucidate any materials distinction between such and subsequent precise occasions, besides as required by relevant regulation.
SOURCE Lundin Mining Company
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