Northwire Canada EditionSaturday, August 1, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Earnings

Lundin Mining Pre-Announces Items Impacting the Third Quarter 2025 Results

LUN · Price

Executive Summary

  • Lundin Mining expects a positive $11 million pre‑tax revenue impact in Q3 2025 from provisional pricing adjustments on prior period copper and gold concentrate sales.
  • Approximately 20,000 tonnes of copper concentrate (≈5,100 t payable Cu) slated for September shipment will be delayed to October, shifting the associated revenue and COGS into Q4 2025.
  • An unrealized pre‑tax loss of about $26 million is anticipated from mark‑to‑market valuation of unexpired derivative contracts due to rising gold prices; foreign‑exchange gains/losses are expected to be immaterial.

Key Details

  • Provisional Pricing Adjustments: +$11 M (pre‑tax) to Q3 2025 revenue, driven by upward adjustments on prior period copper and gold concentrate sales.
  • Shipment Timing Difference: 20,000 t of copper concentrate (≈5,100 t payable Cu) delayed from September to October; related revenue & COGS will be recorded in Q4 2025.
  • Derivative Valuation Impact: Unrealized pre‑tax loss ≈ $26 M from mark‑to‑market revaluation of derivative contracts, primarily caused by rising gold prices.
  • Foreign Exchange Gains/Losses: No material impact expected for Q3 2025 (both realized and unrealized).
  • Conference Call/Webcast: Results to be released after market close on 2025‑11‑05; webcast & call scheduled for 2025‑11‑06 at 7:00 AM PT / 10:00 AM ET.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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