TORONTO, July 27, 2022 /PRNewswire/ -- (TSX: LUN) (Nasdaq
Stockholm: LUMI) Lundin Mining Corporation ("Lundin
Mining" or the "Company") regrets to announce that the Company´s
founder and former Chairman, Mr. Lukas H. Lundin,
passed away on July 26, 2022 at the
age of 64, following a two-year battle with brain cancer.
Over the past 40 years, Lukas has been a driving force behind
the tremendous successes of companies within the Lundin Group.
Lukas started his career in the international energy and mining
sectors in the early 1980s working side-by-side with his father,
the late Mr. Adolf H. Lundin.
Under the leadership of Lukas and his brother Ian, and in close
cooperation with the rest of the Lundin family, the Lundin Group
has grown into an internationally recognized portfolio of energy
and mining companies with operations spanning the globe. The eleven
companies that comprise the Lundin Group today have a combined
market capitalization in excess of USD 11
billion, directly employing more than 15,000 people and
creating opportunities for tens of thousands more.
Lukas Lundin´s sons Harry, Adam, Jack and William in a joint
statement say, "Our father is our biggest inspiration. His
passion for the industries to which he devoted his life was
unparalleled. Lukas saw people as the key to success and spent
decades building some of the strongest management teams in our
industries. He always strived to empower those working with him and
continuously pushed us to aim higher. We could not have had a
better father and mentor.
Our family is deeply saddened about Lukas' passing but takes
comfort in the knowledge that his legacy will live on for
generations to come. Having worked side-by-side with Lukas for many
years, all of us look forward to continuing to build on the
successes of the companies within the Lundin Group – with the
support of our shareholders and other stakeholders, not least the
members of the local communities where we operate. The companies in
the Lundin Group stand stronger than ever and the Lundin family is
united in our commitment to remain long term shareholders."
Lukas founded Lundin Mining together with his father in the
mid-1990s and was a member of the Board of Directors and Chairman
of the Company for more than 25 years until he stepped down in
May 2022. In his role as Chairman,
Lukas oversaw Lundin Mining's development from an exploration-stage
company into a global mid-tier producer with a strong copper focus
and a portfolio of world-class assets.
Lundin Mining's President and CEO, Peter
Rockandel, commented "The many successes of Lundin Mining
and the Lundin Group owe directly to Lukas' extraordinary strategic
foresight, matched only by his relentless drive. His guidance and
support for his colleagues will be deeply missed, however, his
pursuit and vision of creating a world-class base metals company
lives on. Lukas would say, 'Get the right people. Empower the
people. And have good assets.' Those of us that worked
closest with Lukas share in his approach and will continue to build
upon his legacy."
About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining
company with operations and projects in Argentina, Brazil, Chile, Portugal, Sweden and the
United States of America, primarily producing copper, zinc,
gold and nickel.
The information was submitted for publication on July 27, 2022, at 11:30
Eastern Time.
CONTACT: Robert Eriksson, The Lundin Group of
Companies, reriksson@rive6.ch, +46701112615