Lundin Mining First Quarter Results
TORONTO, ONTARIO--( Apr 29, 2015) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (LUN.TO)(OMX:LUMI) today reported net earnings of $83.3 million or net earnings attributable to Lundin shareholders (after deducting non-controlling interests) of $71.8 million ($0.10 per share) for the quarter ended March 31, 2015. Cash flows of $224.0 million were generated from operations in the quarter, not including the Company's attributable cash flows from Tenke Fungurume.
Earnings for the three month period included a full quarter of operating and financial results from Candelaria, which was acquired in the fourth quarter of 2014 and Eagle, which was commissioned in the same period. Candelaria and Eagle generated operating earnings of $163.7 million and $56.1 million, respectively, in the current quarter.
- Published: 30 April 2015
- Written by Editor