LUN

Lundin Mining Announces Dates of Annual and Special Meeting of Shareholders and First Quarter 2024 Results

Retrieved on: 
Friday, April 12, 2024

VANCOUVER, BC, April 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announces that its Annual and Special Meeting will be held on Friday, May 10, 2024 (the "Meeting") at 10:00 a.m. Vancouver time as a hybrid format.

Key Points: 
  • VANCOUVER, BC, April 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announces that its Annual and Special Meeting will be held on Friday, May 10, 2024 (the "Meeting") at 10:00 a.m. Vancouver time as a hybrid format.
  • To facilitate increased shareholder attendance and participation, the Company has made arrangements to enable shareholders and proxyholders to attend and vote virtually and in-person at this year's Meeting.
  • Detailed information on how shareholders can participate in the Meeting and vote is available in the Circular.
  • Shareholders who hold Euroclear Registered Securities are not registered holders of voting securities for the purposes of voting at the Meeting.

OpenStack Caracal Delivers Substantial New Capabilities as OpenStack Demand Skyrockets, Driven by AI Workloads and Users Seeking VMware Alternatives

Retrieved on: 
Wednesday, April 3, 2024

AUSTIN, Texas, April 3, 2024 /PRNewswire-PRWeb/ -- The OpenStack community today released Caracal ('keh•ruh•kal), the 29th version of the world's most widely deployed open source cloud infrastructure software. OpenStack is deployed globally by organizations comprising a multitude of sizes and industries, with more than 45 million cores in production. Recently, OpenStack has seen increasing demand among users who are hosting demanding artificial intelligence (AI) and high-performance computing (HPC) workloads, as well as by users who want to run virtualized workloads at a massive scale while avoiding the vendor lock-in nature of proprietary solutions.

Key Points: 
  • Currently, the big drivers of OpenStack demand are AI workloads and VMware users looking for alternative virtualization solutions, and the Caracal release includes improvements that will help in both of those areas.
  • OpenStack enables users to make great leaps in productivity through its support of AI and HPC workloads.
  • For example, Nova now supports vGPU live migrations, a big win for hardware enablement and accelerated workloads.
  • OpenStack Caracal makes several improvements in agility and performance, including the following:
    Designate now supports Catalog Zones (RFC 9432).

Lundin Mining Reports Fatality at Neves-Corvo Mine

Retrieved on: 
Monday, February 12, 2024

VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") regrets to report a fatality at its Neves-Corvo mine in Portugal on Monday, February 12, 2024.

Key Points: 
  • VANCOUVER, BC, Feb. 12, 2024 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") regrets to report a fatality at its Neves-Corvo mine in Portugal on Monday, February 12, 2024.
  • An employee while operating a piece of equipment underground was tragically involved in a fall of ground that resulted in a fatal accident.
  • View PDF
    Lundin Mining President and CEO Jack Lundin stated "We are deeply saddened by this tragic incident.
  • The Company has notified the appropriate authorities in Portugal and is providing its full cooperation in their investigation.

Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump

Retrieved on: 
Thursday, January 11, 2024

A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.

Key Points: 
  • A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.
  • Copper is essential for constructing infrastructure projects such as buildings, bridges, and electrical systems.
  • Hence, government initiatives and policies promoting infrastructure development can significantly boost the market.
  • The mining industry, mainly of copper, will likely increase significantly due to increased investment in construction and construction projects.

Lundin Mining Announces Completion of CEO Transition Process

Retrieved on: 
Monday, December 4, 2023

VANCOUVER, BC, Dec. 4, 2023 /PRNewswire/ -- - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the previously disclosed CEO transition plan has progressed well, the Board of Directors has agreed that Jack Lundin will formally assume the role of Chief Executive Officer effective immediately.

Key Points: 
  • VANCOUVER, BC, Dec. 4, 2023 /PRNewswire/ -- - (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") is pleased to announce that the previously disclosed CEO transition plan has progressed well, the Board of Directors has agreed that Jack Lundin will formally assume the role of Chief Executive Officer effective immediately.
  • Mr. Lundin will join the Board of Directors on January 1, 2024.
  • Jack Lundin, President and CEO commented "I would like to thank Peter and my fellow colleagues for allowing such a smooth transition to take place.
  • I look forward to building off the significant progress that has been made during Peter's tenure with the Company."

Lundin Mining Announces CEO Succession

Retrieved on: 
Monday, October 2, 2023

VANCOUVER, BC, Oct. 2, 2023 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announced today the Company's Chief Executive Officer, Peter Rockandel, has informed the Board of Directors he will be stepping down as of December 31, 2023.

Key Points: 
  • VANCOUVER, BC, Oct. 2, 2023 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announced today the Company's Chief Executive Officer, Peter Rockandel, has informed the Board of Directors he will be stepping down as of December 31, 2023.
  • Mr. Rockandel joined Lundin Mining in 2018 and served as Senior Vice President of Corporate Development and Investor Relations, before being appointed CEO in 2021.
  • Prior to joining Lundin Mining, Jack Lundin was involved with several different companies within the Lundin Group.
  • He currently sits on the board of Bluestone Resources, Lundin Gold, the Lundin Foundation, as well as the University of Arizona's School of Mining and Mineral Resources.

Mobiveil and InPsytech Announce Successful Inter-Op Verification of Enterprise Flash Controller Design IP and ONFI 5.1 PHY IP

Retrieved on: 
Tuesday, July 25, 2023

MILPITAS, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Mobiveil, Inc. , a fast-growing supplier of silicon intellectual property (SIP), platforms and IP-enabled design services, today announced successful inter-op verification of its production-proven Enterprise Flash Controller (EFC) Design IP and InPsytech ’s ONFI 5.1 PHY IP.

Key Points: 
  • MILPITAS, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Mobiveil, Inc. , a fast-growing supplier of silicon intellectual property (SIP), platforms and IP-enabled design services, today announced successful inter-op verification of its production-proven Enterprise Flash Controller (EFC) Design IP and InPsytech ’s ONFI 5.1 PHY IP.
  • The inter-op verification with Mobiveil’s production-proven, highly flexible and configurable EFC IP and InPsytech’s ONFI-PHY IP achieved unparalleled performance during high-speed data transfers.
  • “From the moment we kicked off EFC IP development, our IP engineering team focused on delivering high-performance, high-quality IP, which was proven by completing inter-op verification with InPsytech’s ONFI 5.1 PHY,” comments Ravi Thummarukudy, Mobiveil’s CEO.
  • More information on Mobiveil’s Enterprise Flash Controller IP is found on the Mobiveil website or email at [email protected] .

Lundin Mining to Release Second Quarter 2023 Results August 2, 2023

Retrieved on: 
Thursday, July 6, 2023

TORONTO, July 6, 2023 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that the report for the second quarter ended June 30, 2023, will be published on Wednesday, August 2, 2023.

Key Points: 
  • TORONTO, July 6, 2023 /PRNewswire/ -- (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") announces that the report for the second quarter ended June 30, 2023, will be published on Wednesday, August 2, 2023.
  • The Company will hold a telephone conference call and webcast at 08:00 ET, 14:00 CET on Thursday, August 3, 2023.
  • To view the live webcast presentation, please log on using this direct link:
    The presentation slideshow will also be available in PDF format on the Lundin Mining website www.lundinmining.com before the conference call.
  • A replay of the telephone conference will be available after the completion of the call through September 3, 2023.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.