Lundin Mining Posts Record Revenue and Strong Cash Flow as Copper Prices Soar
Lundin Mining reported its second-quarter results for fiscal year 2026, revealing revenue of $1.2 billion and free cash flow from operations at $360 million.
The Canadian miner attributed the increase in revenue to record-high realized copper prices of $6.51 per pound, which accounted for approximately 88% of total revenue.
Copper production totaled around 76,900 tons in the quarter, with year-to-date production reaching 157,000 tons.