Lundin Mining Corp (LUN-T) Stock Price and News
- Lundin Mining and BHP jointly own the Filo del Sol copper project in South America, declaring it the largest copper discovery in three decades.
- The discovery resulted from new drilling and analysis highlighting at least 13 million tons of copper, plus significant gold and silver in Argentina-Chile border deposits.
- The combined measured and indicated resources include 606 million tonnes at 1.14% copper equivalent, containing 4.5 million tons of copper, 32 million ounces of gold, and hundreds of millions of ounces of silver.
- Jack Lundin, CEO of Lundin Mining, described Filo del Sol as a remarkably important new discovery in recent decades, with the capability to develop into a world-class mining operation of global significance.
- Ongoing drilling suggests the deposit could expand further, and an integrated technical report is on track for early 2026, supporting long-term development amid rising copper demand driven by the energy transition.
12 Articles
12 Articles
BHP Partner Says Filo Copper Discovery Is Largest in 30 Years
BHP Group.’s joint-venture partner Lundin Mining Corp. declared that the companies’ Filo del Sol project in South America to be the largest discovery of copper in three decades, based on new drilling and analysis.
Lundin Mining Outlines 13 Million Tonnes Copper, 32 Million Ounces Of Gold In Initial Resource For Vicuna JV
Lundin Mining (TSX: LUN) last night released an initial mineral resource estimate for their Filo del Sol project, which is held by the Vicuna Corp joint venture with BHP Group. The estimate follows the two mining majors jointly acquiring Filo Mining in January. The initial resource estimate covers the Filo del Sol sulphide deposit, while also updating the Filo del Sol oxide deposit and the Josemaria deposit, the latter of which was previously wh…
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