VANCOUVER, BC, July 17, 2025 /CNW/ – (TSX:LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is pre-announcing certain items impacting the Company’s earnings, adjusted earnings before interest, taxes, depreciation and amortization (“adjusted EBITDA”)1, adjusted earnings1 and adjusted earnings per share1 for the three months ending June 30, 2025. Unless otherwise stated, dollar amounts are presented in United States dollars.
Revenue and Provisional Pricing Adjustments
Revenue in the second quarter 2025 is expected to be negatively impacted by unaudited provisional pricing adjustments on prior period concentrate sales of approximately $6 million on a pre-tax basis. These adjustments primarily include downward adjustments in relation to prior period copper sales, partially offset by upward adjustments on prior period gold sales.
Foreign Exchange and Derivatives
Unaudited realized foreign exchange losses and unaudited realized losses on foreign exchange and commodity derivative contracts in the second quarter 2025 are not expected to be significant.
In the second quarter 2025 the Company is expected to recognize certain non-cash items that will impact the Company’s earnings but not adjusted EBITDA, adjusted earnings or adjusted earnings per share. These include an unaudited unrealized gain of approximately $11 million on a pre-tax basis related to the mark-to-market valuation of the Company’s unexpired foreign exchange and commodity derivative contracts, primarily due to strengthening of the BRL and CLP against the US dollar during the quarter, partially offset by unrealized losses on unexpired gold derivative contracts.
Second Quarter 2025 Results Conference Call and Webcast Details
The Company will release its second quarter 2025 operations and financial results after market close on Wednesday, August 6, 2025, and will hold a webcast and conference call on Thursday, August 7, 2025 to present the results. Webcast and conference call details are provided below.
Webcast / Conference Call Details:
Date: Thursday, August 7, 2025
Time: 7:00 AM PT | 10:00 AM ET
Listen Only Webcast: WEBCAST LINK
Dial In for Investor & Analyst Q&A: DIAL IN LINK
To participate in the call click on the dial in LINK above and complete the online registration form. Once registered you will receive the dial-in information and a unique PIN to join the call and ask questions.
A replay of the webcast will be available by clicking on the webcast LINK above and will be archived on the Company’s website for a limited period of time.
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1 These measures are non-GAAP measures. These performance measures have no standardized meaning within generally accepted … |