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Artikel

LUNDIN MINING FOURTH QUARTER AND FULL YEAR 2011 RESULTS

Publicerad 2012-02-23 08:01

Lundin Mining Corporation
Bokslutskommuniké

LUNDIN MINING FOURTH QUARTER AND FULL YEAR 2011 RESULTS

Toronto, February 22, 2012 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation
(?Lundin Mining? or the ?Company?) today reported net earnings of $183.8
million ($0.32 per share) for the fiscal year ended December 31, 2011 and $42.5
million for the fourth quarter of 2011 ($0.07 per share).

Paul Conibear, President and CEO commented, ?We ended the year with a strong
quarter of production, achieving record tonnages of ore mined and milled at
both our Neves-Corvo and Zinkgruvan mines. These production records occurred
in parallel to achieving the best annual safety record in the Company's
history, attesting to improvements made in operations company wide.

The successful start up of the expanded zinc plant at Neves-Corvo in mid-2011
has positioned the mine to become a significant by-product producer of zinc. In
parallel we advanced other internal growth studies to develop strategies to
access deeper Lombador mineralization and the exploitation of Semblana. We also
have committed to our largest exploration program ever for 2012 to extract
value from the multiple new high potential exploration targets in and around
Neves-Corvo.

Internally we have staffed up in our corporate development, technical and
project execution capabilities and have begun to evaluate new growth
opportunities.

Tenke finished the year with strong production results and we are very excited
about construction progress being made on the Phase II expansion. The
significant contribution this outstanding copper operation makes to the Company
is becoming quite evident and several catalysts for increasing asset value in
the year ahead are expected as expanded production milestones are achieved.

As the year progressed the Company achieved improved operating cashflow, and we
ended the year with a healthy balance sheet and a strong net cash position."



---

For complete report, please see attached file.


For further information, please contact:
Sophia Shane, Investor Relations North America: +1-604-689-7842
John Miniotis, Senior Business Analyst: +1-416-342-5565
Robert Eriksson, Investor Relations Sweden: +46 8 545 015 50
https://newsclient.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=492173&messageId=602912

Om Lundin Mining

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2015-03-02
UPDATED SHARE CAPITAL AND VOTING RIGHTS FOR LUNDIN MINING
2015-02-19
LUNDIN MINING FOURTH QUARTER AND FULL YEAR RESULTS
2015-01-22
LUNDIN MINING ANNOUNCES 2014 PRODUCTION RESULTS
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LUNDIN MINING PROVIDES OPERATING OUTLOOK FOR 2015-2017
2014-12-05
CORRECTION: LUNDIN MINING PROVIDES OPERATING OUTLOOK FOR 2015-2017
2014-11-25
LUNDIN MINING ANNOUNCES COMMERCIAL PRODUCTION AT EAGLE MINE
2014-11-18
LUNDIN MINING ANNOUNCES SATISFACTION OF SHARE ESCROW RELEASE CONDITIONS
2014-11-03
LUNDIN MINING ANNOUNCES CLOSING OF ACQUISITION OF THE CANDELARIA MINING COMPLEX
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LUNDIN MINING THIRD QUARTER RESULTS
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LUNDIN MINING ANNOUNCES CLOSING OF US$1.0 BILLION OF SENIOR SECURED NOTES

Om Lundin Mining

Affärsvärlden
2015-02-19
Lundin Minings vinst under förväntan
2015-01-22
Analyshusets Lundin-favorit
2015-01-16
Lundin Mining får sänkt rikkurs
SIX
2015-02-24
Morgonnyheter: Börsnotiser tisdagen den 24 februari
2015-02-20
Lundin Mining: Danske Bank höjer riktkurs till 43 kr (41)
2015-02-20
Lundin Mining: Nordea sänker rekommendation till behåll (köp)
2015-02-19
Lundin Mining: Kan sänka capex ytterligare om nödvändigt - VD
2015-02-19
Lundin Mining: Fortfarande aktuellt att diskutera utdelningspolicy -VD
2015-02-19
Lundin Mining: Inga planer på ytterligare förvärv 2015-2016 - VD
2015-02-19
Lundin Mining: Högre opex än väntat tynger delvis 4 kv - analytiker
2015-02-19
Lundin Mining: Sänker kopparproduktionsprognosen för 2015 (Forts)
2015-02-19
Lundin Mining: Spår capex lägre än 470 MUSD 2015 (Forts)
2015-02-19
Lundin Mining 4 kv: Nettoresultat 0,04 USD/aktie (SIX 0,09) (Forts)
Pressmeddelanden
2015-03-02
UPDATED SHARE CAPITAL AND VOTING RIGHTS FOR LUNDIN MINING
2015-02-19
LUNDIN MINING FOURTH QUARTER AND FULL YEAR RESULTS
2015-01-22
LUNDIN MINING ANNOUNCES 2014 PRODUCTION RESULTS
2014-12-05
LUNDIN MINING PROVIDES OPERATING OUTLOOK FOR 2015-2017
2014-12-05
CORRECTION: LUNDIN MINING PROVIDES OPERATING OUTLOOK FOR 2015-2017
2014-11-25
LUNDIN MINING ANNOUNCES COMMERCIAL PRODUCTION AT EAGLE MINE
2014-11-18
LUNDIN MINING ANNOUNCES SATISFACTION OF SHARE ESCROW RELEASE CONDITIONS
2014-11-03
LUNDIN MINING ANNOUNCES CLOSING OF ACQUISITION OF THE CANDELARIA MINING COMPLEX
2014-10-29
LUNDIN MINING THIRD QUARTER RESULTS
2014-10-27
LUNDIN MINING ANNOUNCES CLOSING OF US$1.0 BILLION OF SENIOR SECURED NOTES