Lundin hikes FY guidance targets; names new CEO as Conibear retires
A stellar performance from the Neves-Corvo mine, in Portugal, during the most recent quarter has prompted TSX-listed Lundin Mining to paint a more rosy production outlook for the full year, with the miner's copper and zinc guidance having been improved.
The Neves-Corvo mine, where Lundin is advancing a zinc expansion project, was more productive in the second quarter and benefited from higher head grades, resulting in second-quarter production increasing to 11 899 t of copper and 20 230 t of zinc, exceeding the prior-year comparable period.