Lundin Mining Pre-Announces Items Impacting the Third Quarter 2026 Results
Key Highlights
- ➤$51 million pre-tax provisional pricing adjustments expected to boost third-quarter revenue
- ➤$66 million Caserones mine standby costs to be excluded from adjusted EBITDA and earnings
- ➤$21 million of incremental winter-storm costs attributable to Chile outages
- ➤$9 million realized losses expected on gold collar contracts
- ➤$23 million contingent-consideration cash payment received from Neves-Corvo sale
Lundin Mining Corporation VANCOUVER, BC, October 15, 2026 /CNW/ - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pre-announcing certain items impacting the Company’s earnings, adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”)(1), adjusted earnings(1) and adjusted earnings per share(1) for the three months ending September 30, 2026. Unless otherwise stated, dollar amounts are presented in United States dollars and are unaudited.
Revenue in the third quarter 2026 is expected to be positively impacted by unaudited provisional pricing adjustments on prior period concentrate sales of approximately $51 million on a pre-tax basis. These adjustments primarily include upward adjustments in relation to prior period copper sales.
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