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Lundin Mining provides operating outlook for 2012-14
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Thursday, 15 Dec 2011
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Lundin Mining Corporation announced the following operating guidance for the 3 year period of 2012 through 2014. Guidance for 2011 remains unchanged for the year as noted in our Q3 release and therefore has not been included below. Key highlights are as follows:
1. 2012 guidance noted below is consistent with early guidance included in our Q3 news release.

2. 2013 and 2014 total attributable copper production is expected to be in the range of 107 kilo tonne to 117 kilo tonne an increase of approximately 25% from 2012 levels.

3. Zinc production is expected to continue to grow progressively year over year, as Neves Corvo zinc production continues to ramp up and incremental production initiatives become operative at Zinkgruvan.

4. Lead production is expected to continue to represent a valuable by product credit for the company.

5. Nickel production will increase in 2013, as Aguablanca resumes full scale production in late 2012.

Mr Paul Conibear president and CEO of Lundin Mining said that "We are very focused on improving our performance and meeting and improving on current production and cost targets. We have added depth both corporately and at the operations to facilitate better reliability from our mines. Lundin Mining is in a unique position as we offer meaningful near term production growth to copper, zinc and nickel, all of which is expected to be fully funded from operational cash flow going forward."

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