Lundin Mining Corporation

MISSION:

Develop and constantly upgrade a base metal mineral resource and mining portfolio that provides leading returns for our shareholders.

Generate a steady stream of development opportunities

High performance culture

Strong balance sheet

Maximise value of existing operations

Ethical and transparent

Safe, productive & healthy

COMPANY OVERVIEW:

Lundin Mining Corporation (the 'Company' or 'Lundin Mining') was incorporated by registration of its Articles of Incorporation pursuant to the Canada Business Corporations Act under the name 'South Atlantic Diamonds Corp.' on September 9, 1994. The Company changed its name to 'South Atlantic Resources Ltd.' on July 30, 1996. In connection with a one-for-six share consolidation that took effect on April 2, 2002, the Company changed its name to 'South Atlantic Ventures Ltd.' on March 25, 2002. The share consolidation and name change were approved by shareholders of the Company on January 23, 2002. In connection with the listing of its common shares on the Toronto Stock Exchange effective August 12, 2004, the Company changed its name to 'Lundin Mining Corporation'.

Effective October 31, 2006 the Company merged with EuroZinc Mining Corporation ('EuroZinc'), with the resulting entity known as 'Lundin Mining Corporation'. The Company and EuroZinc amalgamated effective November 30, 2006.

The Company announced a three-for-one subdivision of its common shares on January 22, 2007. The Company's common shares commenced trading on a subdivided basis on February 1, 2007 on the Toronto Stock Exchange and on February 9, 2007 on the American Stock Exchange. The Company's Swedish depository receipts commenced trading on a subdivided basis on the Stockholm Stock Exchange on February 1, 2007.

Effective July 3, 2007 the Company acquired all of the issued and outstanding shares of Tenke Mining Corporation ('Tenke') and amalgamated with Tenke effective July 31, 2007.

Effective July 17, 2007 the Company acquired 85.5% of the issued common shares of Rio Narcea Gold Mines, Ltd. ('RNG') in exchange for Cdn$5.50 per share and 73.3% of the outstanding warrants of RNG for Cdn$1.04 per warrant. By August 20, 2007 the Company had acquired 93.1% of the issued and outstanding RNG shares and initiated a compulsory acquisition transaction under the Act.

The Company commenced trading on the New York Stock Exchange on September 20, 2007 and was de-listed from the American Stock Exchange. The Company's shares were voluntarily delisted from the NYSE on April 1, 2009.

On March 29, 2013 Lundin Mining announced the closing of the previously announced acquisition of the Kokkola cobalt chemical refinery located in Finland and related sales and marketing business (collectively 'Kokkola') from OM Group, Inc.

Lundin Mining holds an effective 24 percent ownership interest in the Kokkola joint venture, with Freeport-McMoRan Copper & Gold Inc. ('Freeport') holding an effective 56 percent ownership interest and acting as operator of the joint venture, and La Générale des Carrières et des Mines (Gécamines), the Congolese state mining company, holding a 20 percent interest.

The Company's registered, records and corporate offices are located at 150 King Street West, Suite 1500, P.O Box 38, Toronto, ON M5H 1J9, Ph. 1 416 342 5560, Fax 1 416 348 0303. The Company also maintains an office at Ground Floor, Hayworthe House, 2 Market Place, Haywards Heath, West Sussex, United Kingdom RH16 1DB for the purpose of running its European mining activities.

DESCRIPTION:

Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Spain, Sweden and the DRC. The Company currently has four mines in operation producing copper, cobalt, nickel, lead and zinc (Neves-Corvo in Portugal, Zinkgruvan in Sweden, Aguablanca in Spain and Tenke Fungurume in the DRC).

In addition, Lundin Mining holds a development project pipeline which includes major expansion programs at its Neves-Corvo and Zinkgruvan mines. The Company also holds an extensive exploration portfolio and interests in international mining and exploration ventures. Lundin Mining's corporate headquarters is in Toronto, Canada, and its operational headquarters in London, UK. Lundin Mining's shares are listed on the Toronto Stock Exchange ('LUN') and its Swedish Depository Receipts are listed on the OMX Nordic Exchange ('LUMI').

CONTACT DETAILS

Lundin Mining Corporation

Corporate Head Office

150 King Street West Suite 1500 P.O Box 38 Toronto, ON M5H 1J9

Ph. 1-416-342-5560

Fax 1-416-348-0303

Email: info@lundinmining.com

Web: http://www.lundinmining.com/s/Home.asp