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Lundin Mining exceeded 2025 production targets, raised 2026 forecasts, and plans major investments.
Lundin Mining reported strong 2025 production, meeting or exceeding guidance for all metals, with record copper output at Caserones in Q4.
Full-year copper production reached 322,326 tonnes, and the company raised 2026 copper and gold production forecasts, projecting 310,000 to 335,000 tonnes of copper and 134,000 to 149,000 ounces of gold.
Cash costs are expected at $1.90 to $2.10 per pound.
The company plans $550 million in sustaining capital, $445 million in expansion capital, and $53 million in exploration for 2026, with continued progress on the Vicuña project.
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Lundin Mining superó los objetivos de producción de 2025, elevó las previsiones de 2026 y planea grandes inversiones.