TORONTO, Oct. 1, 2022 /PRNewswire/ — (TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) is saddened to announce a fatality at its Neves-Corvo mine in Portugal delayed in the afternoon, local time, Friday, September 30, 2022. In an underground incident due to isopaste, a worker of a curtain handling contractor was fatally injured while operating cellular equipment.
“It is with deep sadness that we announce the tragic loss of a fellow subcontractor. Our thoughts are with family, friends and our Neves-Corvo team at this difficult time. Protecting our workers and contractors remains our most sensible priority,” said Peter Rockandel, President and CEO of Lundin Mining.
The applicable regulatory government has been informed and the Company will fully cooperate with the investigation. Operations in Neves-Corvo have been temporarily suspended.
The Company will factor additional statements and provide additional data as appropriate.
Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the United States of America, generating copper, zinc, gold and nickel.
The data submitted for publication, through the tactile people indicated below, on October 1, 2022 at 10:00 a. m. M. , Eastern Time.
Some of the statements made and data contained in this document constitute “forward-looking data” within the meaning of applicable Canadian securities laws. All statements other than forward-looking statements of fact included in this document constitute forward-looking information, including, without limitation, statements regarding the Company’s business plans, clients and strategies; the Company’s direction on the timing and amount of long-term production and its expectations related to operating effects; expected costs; permit requirements and deadlines; the timing and conceivable end results of pending litigation; the effects of any initial economic evaluation, feasibility studies or mineral resource and mineral reserve estimates, life of mine estimates and mine and mine closure plans; expected steel market prices, exchange rates and interest rates; devise and implement the Company’s guilty mining control system; the Company’s ability to meet contractual and authorization or other regulatory needs; exploration and progression activities planned for the Company’s projects; the integration of acquisitions throughout the Company and any benefits expected therefrom; and expectations related to other economic, commercial and/or competitive factors. Words like “believe”, “expect”, “anticipate”, “contemplate”, “target”, “plan”, “aim”, “aim”, “intend”, “continue”, “budget”, “estimate”, “may”, “will”, “could”, “could”, “should”, “schedule” and similar expressions identify forward-looking statements.
Forward-looking data is necessarily based on various estimates and assumptions, adding, among others, the expectations and beliefs of the control, adding that the Company would possibly access financing, adequate equipment and hard work. enough work; assumed and long-term values of copper, nickel, zinc, gold and other steels; expected costs; ability to achieve goals; the immediate and effective integration of acquisitions; that the political environment in which the Company operates will continue to help the progress and operation of mining projects; and assumptions related to the items set forth below. While those points and assumptions are believed to be moderated throughout Lundin Mining as of the date hereof based on control experience and belief of existing situations and expected progressions, such statements are inherently subject to doubt and contingency. commercial, economic and competitive vital. . Known and unknown facts may also cause actual effects to differ slightly from those projected in forward-looking statements and undue reliance is warranted not being placed on such statements and data. These items include, but are not limited to: hazards inherent to mining, as well as environmental hazards, commercial accidents, catastrophic appliance disasters, unusual or unexpected geological formations or volatile ground situations, and natural phenomena such as earthquakes, floods, or weather. extraordinarily serious; uninsurable perils; global monetary situations and inflation; adjustments in the percentage value of the Company and volatility in the inventory markets in general; volatility and fluctuations in demand and value of steel and raw materials; conversion of tax regimes; delays or inability to obtain, maintain or comply with entry permits; dependency on an unmarried asset; available or inaccessible infrastructure, infrastructure problems, and hazards similar to aging infrastructure; hazards related to negative exposure to the Company or the mining industry in general; fitness and protection hazards; pricing and availability of key materials and services; the relevant risk with outbreaks of viruses and infectious diseases, adding the COVID-19 virus; exchange rate fluctuations; dangers related to the attraction and retention of highly skilled workers; dangers inherent and/or relevant to operating in foreign countries and emerging markets; climate change; regulatory investigations, law enforcement, sanctions and/or similar or other litigation; lifestyles of significant shareholders; doubtful political and economic environment, specifically in Argentina, Brazil and Chile; dangers related to acquisitions and similar integration efforts, adding the ability to obtain expected benefits, unforeseen difficulties or similar expenses to the integration and deviation from the control time in the integration; indebtedness; liquidity hazards and limited monetary resources; investment desires and investment availability; effects of exploration, progression or operation that do not meet the expectations of the Company; hazards related to environmental regulation and the environment have an effect on the Company’s activities and products and their control; activist shareholders and proxy solicitation issues; the use of a key body of workers and information and monitoring systems, as well as third parties and experts in foreign jurisdictions; past environmental liabilities and ongoing reclamation legal responsibilities; data generation and cybersecurity dangers; hazards similar to mine closure activities, legal reclamation responsibilities, and closed and historic sites; social and political unrest, adding civil unrest in Chile; the ability to compete well in the industry; monetary projections, aggregating estimates of long-term expenditures and monetary costs, and long-term production estimates may not be reliable; actual mined ore and/or steel recoveries that vary from estimates of mineral resources and mineral reserves, grade, tonnage, dilution, mine plans and steel and other characteristics; mineral processing efficiency; hazards relevant to the estimation of mineral resources and mineral reserves and the geology, grade and continuity of mineral deposits, including, but not limited to, models related thereto; enforce legal rights in foreign jurisdictions; network and stakeholder opposition; adjustments in laws, regulations or policies, in addition to but not limited to those similar to mining regimes, permits and approvals, environmental and tailings control, hard work, industrial relations and transportation; hazards related to the structural capacity of waste rock piles or tailings storage facilities; dilution; dividend dangers; conflicts of interest; counterparty and credit risks and concentration of visitors; estimate the use values of the assets; name disputes or defects; internal controls; relations with workers and contractors, and the choice and effects of labor disputes or other unforeseen difficulties or shortages of hard work or production interruptions; compliance with foreign laws; the prospect of reports of fraud and corruption involving the Company, its visitors, suppliers or workers, or the report of improper or discriminatory labor practices, or human rights abuses; compliance with environmental standards and laws, suitability and protection; and other risks and uncertainties, in addition to, but not limited to, those described in the “Risks and Uncertainties” segment of the Company’s Annual Information Form and the “Risk Management” segment of the Company’s MD&A for the year ended 31 December 2021, which can be found on SEDAR at www. sedar. com under the Company’s profile. All forward-looking statements made in this document are qualified by those cautionary statements. Although the Company has attempted to identify vital points that may also cause actual effects to differ slightly from those contained in forward-looking data, there may be other points that cause effects not to be as expected, estimated, forecast or anticipated and users are cautioned. readers that the above list is not exhaustive of all the points and assumptions that could possibly have been used. In the event that one or more of these hazards and uncertainties are covered, or the underlying assumptions prove incorrect, the actual effects are likely to differ greatly from those described in the forward-looking data. Accordingly, there can be no guarantee that forward-looking data will prove to be accurate and forward-looking data does not guarantee long-term performance. Readers are cautioned not to place undue reliance on prospective data. The forward-looking data contained in this document speaks only as of the date of this document. The Company disclaims any purpose or legal responsibility to update or revise forward-looking data or to account for any difference between those actual occasions and future occasions, unless required by applicable law.
contact: Mark Turner, Vice President, Business Valuations and Investor Relations: 1-416-342-5565 Irina Kuznetsova, Manager, Investor Relations: 1-416-342-5583 Robert Eriksson, Investor Relations Sweden: 46-8. 440. 54. 50
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