Lundin Mining (TSX:LUN) just landed a spot in the FTSE All-World Index, a move that tends to put companies on the radar of institutional investors and global funds. The inclusion is an invitation for increased trading volume, extra attention from passive index trackers, and possibly a new base of long-term shareholders. While investors are digesting this news, copper prices are on the move as recent weakness out of China weighs on demand expectations. Still, ongoing supply issues around the globe are muddying the waters for anyone trying to figure out what comes next for copper miners.
Against this backdrop, Lundin Mining’s share price has shaken off short-term volatility. It has risen nearly 39% over the past year and is up more than 57% since January. Momentum clearly picked up as the market responded to both the company’s fundamentals and sector-wide events, such as temporary halts at major mines that put a spotlight on…
