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Lundin declares dividend and net loss

Lundin Mining (TSX: LUN) has declared a dividend of C4c per share despite reporting a net loss attributable to shareholders of US$111.5 million or 15c per share for the March quarter, mainly due to lower metal prices.

Staff reporter
Lundin Mining’s Eagle nickel-copper operation in Michigan, US

Lundin Mining’s Eagle nickel-copper operation in Michigan, US

Adjusted EBITDA was $90.3 million, almost half the $177 million reported for the previous corresponding period. The base metals miner has adjusted production guidance, reduced 2020 sustaining capex...

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