Lundin Mining Announces CEO Succession
Corporate Office
885 West Georgia Street, Suite 2000
Vancouver, BC V6C 3E8
Phone: +1 604 689 7842
lundinmining.com
NEWS RELEASE
Lundin Mining Announces CEO Succession
Vancouver, October 2 , 20 23 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin
Mining” or the “Company”) announced today the Company’s Chief Executive Officer, Peter Rockandel , has
informed the Board of Directors he will be stepping down as of December 31, 2023.
The role of President and Chief Executive Officer will be assumed by Jack Lundin, current President and former
Director of the Company. Jack Lundin will rejoin the Board of Directors as of January 1, 2024. Jack has served as
President during the Company’s acquisition of a majority interest in the Caserones mine in Chile and the
advancement of its portfolio of growth projects.
Adam Lundin, Chair of Lundin Mining’s Board of Directors stated, “ During the last two years, under Peter’s
leadership, we have acquired a cornerstone asset in Caserones and successfully moved our corporate
headquarters to Vancouver. We have improved operational and financial performance and set the foundation
for future growth. None of this would have been possible without Peter’s tireless efforts. The Board deeply thanks
him for his contributions. Looking forward, we are positioned for the next stage of significant future growth with
a refreshed leadership team in place, now is the opportune time for succession. Jack brings a combination of
strong technical and capital market experience , as well as deep knowledge of our Company’s history and key
stakeholders, to execute on our growth plans.”
Mr. Rockandel joined Lundin Mining in 2018 and served as Senior Vice President of Corporate Development and
Investor Relations, before being appointed CEO in 2021. Mr. Rockandel will continue to act as an advisor to the
Company but will step down from the Board of Directors as of December 31, 2023.
Mr. Rockandel commented, “I would like to thank the Board of Directors for the opportunity to lead Lundin Mining
and I am extremely proud of what the team has been able to accomplish. It has been a pleasure working closely
with Jack and I look forward to seeing him and the team progress the strategy we have put in place. Our assets
are operating well, and we have been able to add considerable growth to our production profile. The move to
Vancouver has been completed and all senior executive positions are in place to take the Company through the
next phase of growth.”
Prior to joining Lundin Mining, Jack Lundin was involved with several different companies within the Lundin
Group. Most notably, at Lundin Gold he was involved in the highly successful construction and operation of the
Fruta del Norte Gold Mine in southern Ecuador. Jack holds a Bachelor of Science degree in Business
Administration from Chapman University and a Master of Engineering degree in Mineral Resource Enginee ring
from the University of Arizona. He currently sits on the board of Bluestone Resources, Lundin Gold, the Lundin
Foundation, as well as the University of Arizona’s School of Mining and Mineral Resources.
About Lundin Mining
Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina,
Brazil, Chile, Portugal, Sweden and the United States of America, primarily producing copper, zinc, gold and nickel.
The information in this release is subject to t he disclosure requirements of Lundin Mining under the EU Market
Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set
out below on October 2, 2023, at 14:30 Pacific Time.
For further information, please contact:
Stephen Williams, Vice President, Investor Relations: +1 604 806 3074
Robert Eriksson, Investor Relations Sweden: +46 8 440 54 50