Lower metals pricing drives drop in Lundin’s net income

Nov 01, 2013 | 12:50 PM | Rey Mashayekhi

Tags  Lundin Mining, Paul Conibear, quarterly earnings, metals prices, copper, zinc, nickel, Rey Mashayekhi

NEW YORK — Lundin Mining Corp.’s third-quarter net income fell 26.4 percent year on year due to "lower realized metal prices," the company said Oct. 30.

Toronto-based Lundin reported third-quarter net income of $27.9 million, down from $37.9 million in the same period last year, despite net sales rising 10.5 percent to $176.4 million from $159.6 million.....

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