Lundin Mining Corporation: Tenke Fungurume Phase 2 Expansion Advances

Lundin Mining Corporation (TSX:LUN,OMX:LUMI) announced the commencement of the second phase of expansion at the Tenke Fungurume copper-cobalt mine.

As quoted in the press release:

The Phase 2 mine plan contemplates average feed grades of approximately 4.0 % total copper, and 0.40 % total cobalt and average recoveries of 89% copper and 74% cobalt over the next 5 years.

Lundin’s President and CEO, Paul Conibear said:

” The project partners are excited about this next phase of growth and development at Tenke Fungurume both for the value it creates for shareholders and for the positive economic and social impact it will have in the DRC.”

Click here to read the Lundin Mining Corporation (TSX:LUN) press release.