Lundin Mining is bolstering its presence across Europe and beyond with a number of promising expansions , along with exploration and mine construction projects which will see the company head towards its 500,000- ton production target in the next two to three years .

Such ambition is amply demonstrated by the drive to more than double zinc output at Lundin ’ s Neves-Corvo mine in Portugal , while a $ 715 million investment into a new nickel-copper mine in Michigan , USA , is now operational .

The American acquisition from Rio Tinto extends the company ’ s reach beyond its European heartland , where mines in Portugal , Sweden and Spain are also performing well and have life ahead of them .

Away from wholly-owned operations , Lundin Mining also holds a 24 percent stake in joint ventures with Freeport in a high quality coppercobalt operation in the Democratic Republic of Congo ( drc ) and in a cobalt refinery in Finland , granting vertical integration into the world of cobalt mining .

While current performance and growth has been steady , CEO Paul Conibear is aware that the business needs to keep exploring for the next high-grade copper discoveries and bring more assets on board .

“ Our metal production is around 300,000 tons this year and I would like to get us up to 500,000 tons in the next two to three years which means

44 December 2014

Mining Magazine December 2014 | Page 44

The mid-tier producing copper , zinc and nickel specialist has just commenced production from its $ 715 million investment at the Eagle Mine in Michigan and is reviewing expanding zinc production at its long-life Neves- Corvo mine in Portugal Map showing worldwide operations

Lundin Mining is bolstering its presence across Europe and beyond with a number of promising expansions , along with exploration and mine construction projects which will see the company head towards its 500,000- ton production target in the next two to three years .