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Lundin Mining Corp T.LUN

Alternate Symbol(s):  LUNMF

Lundin Mining Corp. is a Canada-based diversified base metals mining company. The Company is engaged in metals mining with projects and operations in Argentina, Brazil, Chile, Portugal, Sweden and the United States primarily producing copper, zinc, gold and nickel. The Company’s operations include Candelaria, Caserones, Chapada, Eagle, Neves-Corvo, Josemaria and Zinkgruvan. Candelaria comprises two adjacent copper mining operations, Candelaria and Ojos del Salado, which produce copper concentrates. Caserones is an open pit copper-molybdenum mine which produces copper concentrate, copper cathode and molybdenum concentrate. Chapada is an open pit copper-gold mine producing copper concentrate. Eagle is an underground mine producing nickel and copper concentrates. Neves-Corvo is a mainly copper and zinc mine producing copper, zinc and lead concentrates. Josemaria is a large-scale copper-gold-silver project. Zinkgruvan is engaged in producing zinc, lead and copper concentrates.


TSX:LUN - Post by User

Bullboard Posts
Post by northcoaston Mar 07, 2019 9:27pm
165 Views
Post# 29459024

mining article

mining articleRE: Lundin, a couple of days ago I immediately thought of the long article in the last issue of Report On Business that focused on miners and lawsuits in Central and South America. It seems like a trend. While reading the article I didn't notice Lundin, but I recommend reading it.
     I think there are other headwinds with the global economy right now that work against commoditites and manufacturing, and this downturn in the LUN stocks was well-timed because Lundin has had a good run lately anyway. It will probably be very short-lived as there seems to be no real underlying issue besides the general global, especially Chinese, economy. However it won't be surprising to make another 5% profit in the upcoming week with this stock. Other headwinds might prevent it from going past 6.90 again in the near term though.
Bullboard Posts