Mining Magazine December 2014 | Page 67

Lundin Mining
EUROPE

Company Information

Industry
Mining
headquarters
Toronto , Canada
founded
1994
careers .” Uncovering new high-grade deposits is also key to future growth , with Lundin Mining spending $ 35-50 million a year on exploration , primarily in pursuit of copper .
Around half of this is spent around the company ’ s existing sites with the rest being invested in the likes of Peru , Chile , Turkey and Romania .
The outcomes of these works could be pivotal to Conibear ’ s ambitions . He concluded : “ Being growth oriented brings its challenges , the greatest of which being to find quality investment targets . There are plenty of affordable exploration projects but the grades are hard to find .
“ That said the group has a great exploration record over the past 15 years but Mother Nature is tough – it takes time .” employees
3,000
revenue
$ 727.8 million ( 2013 )
products / services
Copper , zinc and nickel specialist www . lundinmining . com 67