Lundin Mining Delivers Strong 2025 Results with One Hundred Thirty-Five Thousand-Ounce Gold Target for 2026

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Mining corporation Lundin Mining has successfully concluded 2025 with production results that aligned precisely with company forecasts across all metal categories. The year-end achievement demonstrates operational consistency and positions the company favorably for the updated multi-year production roadmap through 2028.

2025 Full-Year Production Exceeds Expectations

On a consolidated basis, Lundin Mining completed 2025 with total output of approximately 331,000 tonnes of copper, 142,000 ounces of gold, and 9,900 tonnes of nickel. These figures fell squarely within management’s prior expectations of 319,000 to 337,000 tonnes for copper, 135,000 to 146,000 ounces for gold, and 9,000 to 11,000 tonnes for nickel. The Eagle mine operation served as the primary contributor to these production metrics, maintaining stable output levels throughout the year.

2026-2028 Copper and Gold Projections Show Steady Output

Looking ahead, the company has confirmed updated three-year production guidance that remains consistent with previously communicated 2026 and 2027 forecasts. For 2026, Lundin Mining projects consolidated copper production between 310,000 and 335,000 tonnes, alongside gold output targeted at 134,000 to 149,000 ounces—reflecting continued operational reliability.

The 2027 outlook calls for copper production of 315,000 to 340,000 tonnes, while 2028 guidance indicates a consolidated range of 290,000 to 315,000 tonnes. Gold production projections remain supported by the Eagle mine’s continuous operational performance and demonstrated production capacity.

Eagle Mine Remains Core Production Driver

The Eagle mine continues to function as Lundin Mining’s production backbone, delivering consistent output across copper, gold, and nickel categories. This operational stability underpins the company’s confidence in maintaining its three-year production targets and supports management’s forward guidance through 2028.

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