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LUN.TO ·

Lundin Mining Comments on Media Report

Company Commentary

NEWS RELEASE

Lundin Mining Comments on Media Report

Toronto, March 6, 2019 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin

Mining” or the “Company”) is aware of an online article published by Bío Bío on March 6, 2019.

The article references the Settlement and Community Development Agreement between Compañía

Contractual Minera Candelaria ("CCMC”) and the Municipality of Tierra Amarilla, Chile entered into in

2015. Pursuant to the terms of that agreement, the Candelaria mine committed to a multi -year

community investment program totaling $23.6 million to support flood reconstruction, regional

environmental reclamation activities, community infrastructure and social programs. The agreement was

concluded in an open and transparent manner, in public documents, and was approved unanimously by

the Tierra Amarilla Municipal Counsel.

We are not aware of the Company or CMMC being the subject of any investigation.

Lundin Mining and CCMC are fully committed to complying with all applicable laws. We are committed to

Responsible Mining and making meaningful contributions to the communities where we operate.

Lundin Mining’s Responsible Mining Policy and Code of Conduct, Ethical Values and Anti-Corruption Policy

are available at www.lundinmining.com.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, the United

States of America, Portugal and Sweden, primarily producing copper, nickel and zinc. In addition, Lundin

Mining holds an indirect 24% equity stake in the Freeport Cobalt Oy business, which includes a cobalt

refinery located in Kokkola, Finland.

The information was submitted for publication, through the agency of the contact persons set out below

on March 6, 2019 at 2:30 p.m. Eastern Time.

For further information, please contact:

Mark Turner, Director, Business Valuations and Investor Relations: +1 416 342 5565

Brandon Throop, Manager, Investor Relations: +1 416 342 5583

Robert Eriksson, Investor Relations Sweden: +46 8 545 015 50

Corporate Office

150 King Street West, Suite 2200

P.O. Box 38

Toronto, ON M5H 1J9

Phone: +1 416 342 5560

Fax: +1 416 348 0303