About Lundin Mining
Lundin Mining is a company based in Toronto (Canada) founded in 1994. It operates as a Reseller / Distribution. The company has 16,640 employees as of December 31, 2024. Lundin Mining has completed 4 acquisitions, including Caserones, Eagle Mine and Filo Corp. Lundin Mining offers products and services including Copper Production, Gold Production, and Nickel Production.
- Headquarter Toronto, Canada
- Employees 16640 as on 31 Dec, 2024
- Stage Public
-
Sectors
Natural Resources
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Lundin Mining Corporation
-
Annual Revenue
$3.25 B (USD)22.48as on Dec 31, 2024
-
Net Profit
$-193.79 M (USD)-185.52as on Dec 31, 2024
-
EBITDA
$1.36 B (USD)35.95as on Dec 31, 2024
-
Latest Funding Round
$800 M (USD), Debt – Conventional
Aug 28, 2019
-
Investors
Bank of America
& 4 more
-
Employee Count
16640
as on Dec 31, 2024
-
Investments & Acquisitions
Caserones
& 3 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Lundin Mining
Lundin Mining is a publicly listed company on the TSX with ticker symbol LUN in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Lundin Mining
Lundin Mining offers a comprehensive portfolio of products and services, including Copper Production, Gold Production, and Nickel Production. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Copper is extracted as a primary mining product.
Gold is produced alongside other base metals.
Nickel is mined as a key resource.
Unlock access to complete
Unlock access to complete
Funding Insights of Lundin Mining
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $800.0M
-
First Round
First Round
(11 Dec 2008)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Debt – Conventional - Lundin Mining | Valuation |
investors |
|
| Dec, 2008 | Amount | Post-IPO - Lundin Mining | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lundin Mining
Lundin Mining has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Bank of America, RBC Royal Bank and TD Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Commercial banking and asset management services are offered worldwide.
|
Founded Year | Domain | Location | |
|
Commercial banking services are provided to businesses and individuals.
|
Founded Year | Domain | Location | |
|
SEB is recognized as a leading Nordic corporate bank.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Lundin Mining
Lundin Mining has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Caserones, Eagle Mine and Filo Corp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Copper-gold-silver deposits are identified and explored in mineral activities.
|
2016 | ||||
|
Mining and metal exploration services are provided in Chile.
|
2014 | ||||
|
Provider of nickel and copper mining services
|
2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Lundin Mining
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lundin Mining Comparisons
Competitors of Lundin Mining
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Lundin Mining
Frequently Asked Questions about Lundin Mining
When was Lundin Mining founded?
Lundin Mining was founded in 1994 and raised its 1st funding round 14 years after it was founded.
Where is Lundin Mining located?
Lundin Mining is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Lundin Mining?
Marie Inkster is the current CEO of Lundin Mining.
How many employees does Lundin Mining have?
As of Dec 31, 2024, the latest employee count at Lundin Mining is 16,640.
What is the annual revenue of Lundin Mining?
Annual revenue of Lundin Mining is $3.25B as on Dec 31, 2024.
What does Lundin Mining do?
Lundin Mining Corporation is involved in the exploration, development, and mining of base metals, primarily copper, gold, and nickel. Operations are conducted across multiple countries including Argentina, Brazil, Chile, and the United States. The company focuses on sustainable mining practices, environmental stewardship, and community engagement. Various projects and mines such as Candelaria, Caserones, Chapada, Eagle, and Vicuña are managed to ensure resource extraction aligns with governance and resilience goals. Financial and ESG data are provided through interactive tools for transparency.
What products or services does Lundin Mining offer?
Lundin Mining offers Copper Production, Gold Production, and Nickel Production.
Is Lundin Mining publicly traded?
Yes, Lundin Mining is publicly traded on TSX under the ticker symbol LUN.
How many acquisitions has Lundin Mining made?
Lundin Mining has made 4 acquisitions, including Caserones, Eagle Mine, and Filo Corp.
Who are Lundin Mining's investors?
Lundin Mining has 5 investors. Key investors include Bank of America, RBC Royal Bank, TD Bank, SEB, and Hudbay.
What is Lundin Mining's ticker symbol?
The ticker symbol of Lundin Mining is LUN on TSX.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.