Lundin Mining sees record copper production in 2023

Date:

  • The Candelaria mine in Chile achieved guidance with 335.1 million lb. of copper and 89,700 oz. of gold.
  • The Caserones mine (also in Chile) was over guidance during the last half of the year with 143.8 million lb. of copper, and for the full year, output was 307.6 million lb.
  • The Chapada mine in Brazil achieved guidance with 100.8 million lb. of copper and 59,268 oz. of gold.
  • Zinc production was at the upper end of guidance at 68.4 million lb. for the Neves-Corvo mine in Portugal and slightly below guidance at 43.3 million lb. for the Zinkgruvan mine in Sweden.
  • The Eagle mine in Michigan exceeded guidance for both copper (30 million lb.) and nickel (36.2 million lb.)

Looking ahead to 2024, Lundin expects the output to be largely in line with last year’s numbers. Guidance for copper is 806.9 million to 881.8 million lb.; for zinc is 429.9 million to 474 million lb.; for gold is 155,000 to 170,000 oz.; and for nickel is 22…

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