Rather busy conference call: few analysts and investment companies engaged, swiss UBS and Julius Baer are following the story. Main message apart from acquisitions Lundin Mining is dynamic organic growth story as well. Tenke Fungurume is on track to production in 2008 and Ozernoe feasibility study is moving forward.
From CC:
http://www.lundinmining.com/i/pdf/lumi_confcall071011.pdf
"This indicates to us that we're moving towards a new center of mineralization and presents distinct possibilities for additional copper resources," Neil O'Brien, Lundin's vice-president of exploration and business development, said on a conference call.
He said zinc drilling results at the mine were exceeding the company's expectations in terms of thickness of mineralization.
"We can tell you that what we are looking at... is one of the largest known undeveloped zinc resources anywhere," he said.
Lundin Mining Reports More High Grade Drill Results From Lombador Exploration.
"VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 11, 2007 -- Lundin Mining Corporation ("Lundin Mining" or the "Company") (Toronto:LUN.TO - News)(NYSE:LMC - News)(OMX: LUMI) is pleased to announce additional drilling results from the Lombador zinc zone at the Neves-Corvo mine."
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