Lundin Mining flags USD 66 million in standby costs after Chile storms disrupt Caserones operations

Bitget2026/10/15 21:30

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Severe winter storms caused power outages and temporary operational suspensions at Lundin Mining's Caserones mine in Chile during the third quarter of 2026.
Mine standby costs totaled approximately USD 66 million, including USD 21 million in incremental storm costs.
The remaining USD 45 million represented fixed overhead costs incurred during the shutdowns.
Standby costs will be excluded from adjusted EBITDA, adjusted earnings and adjusted earnings per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lundin Mining Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202610151730CANADANWCANADAPR_C4156) on October 15, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lundin Mining flags USD 66 million in standby costs after Chile storms disrupt Caserones operations

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