Lundin Mining reports net earnings of $61.3 million in Q2, reiterates 2023 production guidance

- Lundin Mining yesterday reported that in Q2 2023, the company produced 60,057 tonnes of copper , 36,115 tonnes of zinc , 34 koz of gold , and 4,686 tonnes of nickel .

The company also reported that gross profit for the quarter ended June 30, 2023 was $52.8 million, an increase of $6.8 million and largely comparable to the prior year quarter. Adjusted earnings for the three months ended June 30, 2023, of $16.0 million were $51.3 million higher than the adjusted loss of the prior year quarter due to the same factors as the change in net earnings.

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