India, Oct. 16 -- Lundin Mining Corporation (LUN.TO), a Canadian mining company, said it expects third-quarter revenue to benefit from provisional pricing adjustments on prior-period concentrate sales, while severe winter storms in Chile resulted in additional costs and temporary operational suspensions at its Caserones mine.
The company expects positive provisional pricing adjustments of approximately $51 million on a pre-tax basis, primarily reflecting upward adjustments to prior-period copper sales.
Lundin Mining recorded $66 million as mine standby costs in the third quarter following winter storms in Chile, including $21 million in incremental storm-related costs and $45 million in fixed overhead costs. The amount will be excluded fr...