Lundin Mining Corp
LUNMF · OTC · producer · market cap $23.5B as of 24 Aug 2026
What Lundin Mining Corp's own filings say about its costs, margins and results, every figure cited.
Lundin Mining Corp share price
Company-reported data · Fixed cohorts · No estimated costs
How to read these figures
- Primary sources: every figure is the company's own, cited to the release or filing it came from.
- Fixed cohorts: the companies in each median are set for the calendar year, so a median never moves because membership moved.
- No modelled costs: no cost or margin here is estimated by us; where a company states no figure, the page says so.
About Lundin Mining Corp
Lundin Mining is a producer of base metals, with copper production primarily located in Chile and Brazil. Lundin Mining is a Canadian mining company headquartered in Vancouver, Canada. The company has Canadian and Swedish listings. The continuing operations are Candelaria and Caserones in Chile and Chapada in Brazil. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations, Candelaria and Ojos del Salado. The company reports Eagle in the United States, Neves-Corvo in Portugal and Zinkgruvan in Sweden as discontinued operations. Neves-Corvo and Zinkgruvan were divested in April 2025 and Eagle in January 2026. Concentrates are sold under multi-year sales contracts as well as on the spot markets to a variety of smelter customers in Europe, Asia and the Americas.
Costs and margins
- Price, quarter average
- $6.06/lb
- C1 cash cost
- $2.11/lb
- C1 margin
- $3.95/lb
- C1 margin, % of price
- 65.2%
Latest C1 cash cost $2.11 per pound. Copper miners: median C1 cash cost $2.04 per pound, Q2 2026, 14 reporters. 8 lowest of 14 copper miners reporting Q2 2026.
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q3 2025 | $4.45 | $1.61 |
| Q4 2025 | $5.04 | $1.88 |
| Q1 2026 | $5.82 | $1.66 |
| Q2 2026 | $6.06 | $2.11 |
| Category | Copper price (quarterly average) | C1 cash cost |
|---|---|---|
| Q3 2025 | $4.45 | $1.61 |
| Q4 2025 | $5.04 | $1.88 |
| Q1 2026 | $5.82 | $1.66 |
| Q2 2026 | $6.06 | $2.11 |
C1 cash cost and the average copper price by quarter, newest first, US$ per pound; every row cites the company's own release.
Its panel on the Miner Margins page carries the cohort it sits in and the basis notes.
Production and guidance
Q2 2026, as reported
- Copper produced, attributable
- 76,877 tonnes
- Prior-quarter copper production
- 79,934 tonnes
More ways to compare Lundin Mining Corp
- C1 cash cost
- Rank 8 of 14View comparable rankings
Lundin Mining's mines and operations
Mine-by-mine operating data will be added as company filings are reviewed.
Financials, as filed
Key financials
- Revenue
- $1.2B
- Net income
- $278.4M
- Operating cash flow
- $458.8M
- Capital expenditure
- $196.7M
- Cash and equivalents
- $265.8M
- Debt
- $186.8M
- EPS (diluted)
- $0.32
Rounded from the figures as filed; the exact figures, concepts and filings are below.
Figures as filed, with concept, provenance and filing
| Measure | Period | Value | Provenance | Filing |
|---|---|---|---|---|
| Revenue statement:revenue | FY 2025 | $4,053,200,000 | extracted from filed statements, p. 108 | Financial Statements · 19 Feb 2026 |
| Revenue statement:revenue | Q2 2026 | $1,212,700,000 | extracted from filed statements, p. 45 | Financial Statements · 5 Aug 2026 |
| Net income statement:net-earnings-loss-attributable-to-lundin-mining-shareholders | FY 2025 | $1,283,000,000 | extracted from filed statements, p. 12 | Financial Statements · 19 Feb 2026 |
| Net income statement:net-earnings-from-continuing-operations-attributable-to-lundin-mining-corporation-shareholders | Q2 2026 | $278,400,000 | extracted from filed statements, p. 45 | Financial Statements · 5 Aug 2026 |
| EPS (basic) statement:basic-earnings-loss-per-share-eps-attributable-to-shareholders | FY 2025 | $1.50 | extracted from filed statements, p. 13 | Financial Statements · 19 Feb 2026 |
| EPS (basic) statement:basic-earnings-per-share-from-continuing-operations-attributable-to-lundin-mining-corporation-shareholders | Q2 2026 | $0.33 | extracted from filed statements, p. 45 | Financial Statements · 5 Aug 2026 |
| EPS (diluted) statement:diluted-eps-attributable-to-shareholders | FY 2025 | $1.49 | extracted from filed statements, p. 13 | Financial Statements · 19 Feb 2026 |
| EPS (diluted) statement:diluted-earnings-per-share-from-continuing-operations-attributable-to-lundin-mining-corporation-shareholders | Q2 2026 | $0.32 | extracted from filed statements, p. 45 | Financial Statements · 5 Aug 2026 |
| Operating cash flow statement:cash-provided-by-operating-activities-all-operations | FY 2025 | $1,342,600,000 | extracted from filed statements, p. 12 | Financial Statements · 19 Feb 2026 |
| Operating cash flow statement:cash-provided-by-operating-activities-from-continuing-operations | Q2 2026 | $458,800,000 | extracted from filed statements, p. 48 | Financial Statements · 5 Aug 2026 |
| Capital expenditure statement:investment-in-mineral-properties-plant-and-equipment | FY 2025 | $684,600,000 | extracted from filed statements, p. 73 | Financial Statements · 19 Feb 2026 |
| Capital expenditure statement:investment-in-mineral-properties-plant-and-equipment | Q2 2026 | $196,700,000 | extracted from filed statements, p. 48 | Financial Statements · 5 Aug 2026 |
| Cash and equivalents statement:cash-and-cash-equivalents-end-of-year | FY 2025 | $296,200,000 | extracted from filed statements, p. 73 | Financial Statements · 19 Feb 2026 |
| Cash and equivalents statement:cash-and-cash-equivalents | Q2 2026 | $265,800,000 | extracted from filed statements, p. 44 | Financial Statements · 5 Aug 2026 |
| Debt statement:debt | FY 2025 | $237,100,000 | extracted from filed statements, p. 98 | Financial Statements · 19 Feb 2026 |
| Debt statement:current-portion-of-debt-note-9-non-current-debt-line-reported-as-nil-represents-total-debt-outstanding | Q2 2026 | $186,800,000 | extracted from filed statements, p. 44 | Financial Statements · 5 Aug 2026 |
| Shares outstanding statement:balance-december-31-2025 | FY 2025 | 854,347,591 | extracted from filed statements, p. 72 | Financial Statements · 19 Feb 2026 |
| Shares outstanding statement:number-of-shares-balance-june-30-2026 | Q2 2026 | 853,732,567 | extracted from filed statements, p. 47 | Financial Statements · 5 Aug 2026 |
| Dividends paid statement:dividends-paid-to-shareholders | FY 2025 | $105,700,000 | extracted from filed statements, p. 73 | Financial Statements · 19 Feb 2026 |
| Dividends paid statement:dividends-paid-to-shareholders | Q2 2026 | $34,300,000 | extracted from filed statements, p. 48 | Financial Statements · 5 Aug 2026 |
Filings
No filings are currently available in SilverTrade's dataset for this company.
How to read this page
Costs are the company's own consolidated all-in sustaining cost (gold, silver) or C1 cash cost (copper), as stated, on the basis the company states; the reference price is the quarter's average from World Bank Commodity Price Data (CC BY 4.0); the margin is that price less the stated cost, a production-cost spread and not company net profit; financials are as filed in the filing currency, never converted; report dates are confirmed from the company's notice or estimated from its own past pattern and say which. The full methodology is on the Miner Margins page.