Lundin Mining Details Impacts of Chile Winter Storms on Q3 Earnings

06:38 AM EDT, 10/16/2026 (MT Newswires) -- Lundin Mining (LUN.TO) expects impacts from severe winter storms in Chile's Atacama region to affect its third-quarter earnings, the company said Thursday. Due to site power outages and temporary suspensions at Caserones, an unaudited amount of about $66 million has been classified as mine standby costs, including $21 million of incremental costs attributable to the winter storms and $45 million of fixed overhead costs. This amount will be excluded from adjusted EBITDA, adjusted earnings and adjusted earnings per share. Third-quarter revenue is expected to be positively impacted by unaudited provisional pricing adjustments on prior-period concentrate sales of about $51 million on a pre-tax basis.