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Lundin Mining ( (TSE:LUN) ) just unveiled an update.
Lundin Mining received a $3.3 million fine and a continued closure order for its Alcaparrosa mine from Chile’s Superintendencia del Medio Ambiente due to a 2022 sinkhole incident. Despite this setback, the company maintains robust operations at its Candelaria mine and plans to review and determine next steps regarding the alleged environmental permit breach.
More about Lundin Mining
Lundin Mining is a diversified Canadian base metals mining company with operations in Argentina, Brazil, Chile, and the United States, primarily producing copper, gold, and nickel. Recently, the company announced the sale of its European assets to Boliden, expected to close in mid-2025.
YTD Price Performance: -6.23%
Average Trading Volume: 212,687
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $7.04B
Learn more about LUN stock on TipRanks’ Stock Analysis page.
