Lenders extend Lundin debt covenant waiver to July 6

Toronto-based Lundin Mining has been granted an extension to July 6 on a waiver for noncompliance with a covenant on its credit facility, the firm announced on Thursday. Lundin sought the extension to give lenders time to review the base-metals...

Lundin Mining asks for extension to loan covenant waiver

Base-metals producer Lundin Mining is seeking to extend a waiver period granted by its lenders for noncompliance with a covenant on its credit facility. In February, Lundin said that it was in negotiations with its lenders to amend the terms of a...

Lundin plans to delist shares from NYSE

Toronto-based Lundin Mining will voluntarily delist its common shares from the New York Stock Exchange, after deciding the cost of maintaining the listing outweighs the benefits, the firm said on Friday. Lundin shares will continue to trade on...

Lundin in talks to amend credit facility, doesn't plan asset sales

Canadian base-metals miner Lundin Mining is in negotiations with its lenders to amend the terms of a $575-million revolving line of credit facility, after it was not in compliance with the agreement at year-end, president and CEO Phil Wright said...

Project delays, mine shutdowns and cutbacks

A chronological summary of project delays, mine shutdowns and production cutbacks announced by miners around the world in response the falling metals prices and tightening financial markets. Begins July 2008.

Lundin halts zinc output at Neves-Corvo mine, mothballs Aljustrel

Base-metals miner Lundin Mining will suspend zinc production from its Neves-Corvo copper/zinc mine, in Portugal, and put another operation, Aljustrel, on care and maintenance until metal prices recover, the firm said on Thursday. Zinc prices have...