Lundin Mining Trims Copper Production Guidance After Second Winter Storm in Chile
- Lundin Mining Corp. has lowered its copper production forecast for the Caserones mine to 120,000-130,000 tonnes this year, down from the earlier estimate of 130,000-140,000 tonnes.
- Cash costs per pound of copper at Caserones are now projected to rise to $2.15-$2.35, higher than previous estimates of $2.05-$2.25.
- The reduced production and increased costs are attributed to unprecedented winter storms in northern Chile's Atacama region, which caused power outages and damage affecting operations.
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18 Articles
Lundin Mining cuts copper production guidance after second severe storm in Chile (LUNMF:OTCMKTS)
Lundin Mining lowered FY 2026 copper production guidance for its Caserones mine in Chile after a second severe winter storm disrupted recovery efforts and delayed a return to full operations
The Toronto Star
Lundin Mining trims copper production guidance after second winter storm in Chile
VANCOUVER - Lundin Mining Corp. has trimmed its guidance after a second winter storm in Chile's Atacama region that has affected production at its Caserones mine.
Lundin Mining cuts copper outlook as Chile storms strike again
Lundin Mining (TSX: LUN) cut its 2026 copper production forecast after a second severe winter storm hit the company’s operations in Chile’s Atacama region, disrupting its recovery from an earlier... The post Lundin Mining cuts copper outlook as Chile storms strike again appeared first on The Northern Miner.
Lundin's Chile Operations Impacted by Second Winter Storm
Lundin Mining Corp. provided an update on operations at Caserones and Candelaria following a second winter storm in Chile’s Atacama region, which began on August 13 and brought heavy rainfall at lower elevations, along with unusually heavy snowfall and high winds at higher altitudes. The cumulative impact of these weather events has affected the company’s full-year outlook at Caserones. As a result, Caserones’ 2026 copper production guidance has…
Lundin Mining Lowers Copper Output After Chile Storms
Lundin Mining (TSX:LUN,OTCPL:LUNMF) lowered its full-year copper production guidance after a second winter storm in Chile's Atacama region damaged infrastructure and disrupted operations at the Caserones mine.Severe weather re-damaged a transmission tower serving Caserones that repair crews had recently fixed following a late July storm. The facility lost power again on August 14, forcing the site onto backup generators while crews work to resto…
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