Lundin Mining cuts Caserones 2026 copper output outlook after second Chile winter storm outage

Reuters2026/08/19 06:10

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Lundin Mining cut 2026 guidance for Caserones following a second severe winter storm in Chile’s Atacama region.
Power outage hit Caserones on Aug. 14; severe winds and heavy snowfall re-damaged a transmission tower.
Full power restoration expected by end of week; operations to ramp up gradually, with backup generators supporting critical infrastructure.
Caserones copper guidance lowered to 120,000-130,000 tonnes from 130,000-140,000; cash cost raised to USD 2.15-2.35/lb.
Consolidated copper guidance reduced to 300,000-325,000 tonnes from 310,000-335,000; Candelaria guidance unchanged.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lundin Mining Corporation published the original content used to generate this news brief on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Lundin Mining cuts Caserones 2026 copper output outlook after second Chile winter storm outage

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