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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 10 days · First seen · Last updated
Lundin Mining operational disruptions in Chile
Overview
Lundin Mining has faced operational challenges due to severe weather in Chile. Initially, the company reported that winter weather disrupted operations at the Caserones mine, which was expected to impact annual production toward the lower end of guidance.
By mid-August, a second severe winter storm involving heavy snowfall and high winds caused further disruptions at the Caserones and Candelaria sites in the Atacama region. This storm resulted in a power outage on August 14 after a transmission tower was damaged. Consequently, the company revised its production guidance to account for unplanned downtime and extended recovery periods.
Entities
Lundin Mining · Caserones · Lucky Friday · Hecla Mining · Greens Creek
Timeline
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29 days ago
[BUSINESS] 4 sourcesLundin mining operations impacted by storms and new discoveriesLundin Mining faces production delays in Chile due to severe winter storms, while Lundin Gold announces new copper and gold discoveries in Ecuador.
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about 1 month ago
[BUSINESS] 2 sourcesLundin Mining and Hecla Mining report second-quarter financial resultsLundin Mining and Hecla Mining reported Q2 results, with Lundin seeing high copper revenue and Hecla noting record site-level free cash flow despite a sequential revenue decline.
Sources
expreso.ec · mining.com.au · pavpanchekha.com · pressreach.com