Lundin Mining Hits 2025 Production Targets and Lifts Copper Outlook Through 2028
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An announcement from Lundin Mining ( (TSE:LUN) ) is now available.
Lundin Mining reported full-year 2025 production of 331,232 tonnes of copper, 141,859 ounces of gold and 9,907 tonnes of nickel, achieving or beating its consolidated guidance for the third consecutive year, driven by strong performance at its Latin American operations and record quarterly output from the Caserones mine. The company issued three-year production guidance calling for consolidated copper output of 310,000–335,000 tonnes in 2026, 315,000–340,000 tonnes in 2027 and 290,000–315,000 tonnes in 2028, supported by optimized mine sequencing, a 2026 cash cost range of $1.90–$2.10 per pound, $995 million in planned 2026 capital spending and $53 million in exploration as it advances brownfield growth and the Vicuña project, positioning the group for continued operational consistency and potential financial upside in a firm metals market.
More about Lundin Mining
Lundin Mining is a diversified base metals mining company listed in Toronto and Stockholm, with core operations in Latin America and North America. The company primarily produces copper, gold and nickel from mines including Candelaria, Caserones, Chapada and Eagle, targeting large-scale, long-life assets that leverage strong demand for critical metals in a supportive commodity price environment.
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