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Earnings Call Summary | LUNDIN MINING CORP(LUNMF.US) Q1 2024 Earnings Conference

Earnings Call Summary | LUNDIN MINING CORP(LUNMF.US) Q1 2024 Earnings Conference

業績電話會議摘要 | LUNDIN MININING CORP (LUNMF.US) 2024 年第一季度業績會議
富途資訊 ·  05/04 10:17  · 電話會議

The following is a summary of the Lundin Mining Corporation (LUNMF) Q1 2024 Earnings Call Transcript:

以下是倫丁礦業公司(LUNMF)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • Lundin Mining reported quarterly copper production of 88,000 tons, with $363 million in adjusted EBITDA and $68 million in free cash flow from operations.

  • A regular quarterly dividend of CAD0.09 per share was declared, contributing to the over $1.1 billion in total dividends since 2017.

  • The company reported an increase in mineral reserves estimates by 26% year-over-year to 10.6 million tons of copper, indicating potential for increased revenues.

  • Lundin Mining has seen improved cost due to reduced waste movement and effective mine plan optimization.

  • A net cash cost between 195 to 215 for the year was guided, placing it likely in the upper half of that range.

  • The RIGI Bill is expected to reduce the company's effective tax rate by more than 10%.

  • 倫丁礦業公佈的季度銅產量爲8.8萬噸,調整後的息稅折舊攤銷前利潤爲3.63億美元,運營自由現金流爲6,800萬美元。

  • 宣佈了每股0.09加元的定期季度股息,使自2017年以來的分紅總額超過11億美元。

  • 該公司報告稱,礦產儲量估計同比增長26%,達到1,060萬噸,這表明收入有可能增加。

  • 由於減少了廢物轉移和有效的採礦計劃優化,Lundin Mining的成本有所提高。

  • 預計該年度的淨現金成本在195至215美元之間,可能處於該區間的上半部分。

  • 預計RIGI法案將使公司的有效稅率降低10%以上。

Business Progress:

業務進展:

  • Following successful drilling, copper production is expected to increase in the second half of the year due to improved grade profiles at Candelaria, Chapada, and Neves-Corvo.

  • With hedges placed for a significant proportion of exposure to Chilean pesos and Brazilian reais, the company continues its proactive risk management strategy.

  • The company is considering an increase in ownership at Caserones, which could add approximately 25,000 tons of attributable copper to the annual production profile.

  • Infrastructure investments are being made with Caserones and Candelaria contributing the most.

  • Initiatives aimed at reducing costs and improving margins are being implemented across its Latin American sites.

  • Lundin's Vicuña District project Josemaria is developing well with the potential for strategic partnerships.

  • The company is exploring cross-border aspects for Josemaria including water, power and concentrate shipments.

  • Despite challenges at Neves-Corvo, full year production guidance is deemed achievable.

  • 成功鑽探後,由於坎德拉里亞、查帕達和內維斯-科爾沃的品位狀況改善,銅產量預計將在下半年增加。

  • 由於對智利披索和巴西雷亞爾的很大一部分風險敞口進行了套期保值,該公司繼續其積極的風險管理戰略。

  • 該公司正在考慮增加Caserones的所有權,這可能會使年產量增加約25,000噸可歸銅。

  • 正在進行基礎設施投資,其中卡塞羅內斯和坎德拉里亞的貢獻最大。

  • 其拉丁美洲基地正在實施旨在降低成本和提高利潤率的舉措。

  • 隆丁的維庫納區項目Josemaria發展良好,有可能建立戰略伙伴關係。

  • 該公司正在探索Josemaria的跨境問題,包括水、電力和濃縮物運輸。

  • 儘管Neves-Corvo面臨挑戰,但全年產量預期被認爲是可以實現的。

More details: LUNDIN MINING CORP IR

更多詳情: 隆丁礦業公司 IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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