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Lundin Mining Corp.
Type Public
Headquarters Toronto, Ontario, Canada
Key people Philip J. Wright
Industry Industrial Metals & Minerals
Employees 1,500 (2008)[1]
Website www.lundinmining.com

Lundin Mining (TSXLUN, OMXLUMI) is a multinational minerals company with operations in Sweden, Ireland, Spain, Portugal, the Democratic Republic of Congo, and Russia. Lundin Mining is headquartered in Toronto, Ontario and trades on the Toronto Stock Exchange as part of the S&P/TSX 60 index. The company also trades on the Swedish Nordic Exchange with an overall market capitalization of around 1.7 billion CAD as at July 14, 2009. The company is currently developing the Tenke Fungurume Copper and Cobalt deposit in the Democratic Republic of Congo in which it owns at 24.75 percent stake (as Tenke Mining Corp.).

Recent Developments

On July 4, 2007, Lundin acquired Tenke Mining.

In November 2008, HudBay Minerals is attempting to take over Lundin Mining. [2]

Management

The chairman of Lundin Mining is Lukas Lundin, the son of Adolf Lundin, the company founder. The current CEO is Phil Wright.

References


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