Lundin Mining Third Quarter 2023 Results
Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.
- Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.
- Current quarter production costs and copper cash cost of $2.19/lb were higher than the prior year quarter largely owing to higher contractor and maintenance costs and unfavorable foreign exchange.
- Nickel cash cost in the quarter of $2.07/lb was higher than the prior year quarter primarily due to lower by-product credits and higher production costs.
- Production costs during the quarter were lower than the prior year quarter despite higher sales, primarily due to reduced electricity costs.