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LUN.TO ·

Lundin Mining to Release Second Quarter 2011

Financials

Corporate Office UK Office

150 King Street West, Suite 1500 70 Oathall Road, Haywards Heath P.O. Box 38 West Sussex, RH16 3EN Toronto, ON M5H 1J9 United Kingdom Phone: +1 416 342 5560 Phone: +44 (0) 1444 411 900 Fax: +1 416 348 0303 Fax: +44 (0) 1444 456 901

NEWS RELEASE

Lundin Mining to Release Second Quarter 2011 Results Friday July 29, 2011

Telephone Conference to be held on Wednesday August 3, 2011 at 08:00 AM Eastern Standard Time (EST), 14:00 Central European Time (CET), 05:00 AM Pacific Standard Time (PST).

July 27, 2011 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) announces that the report for the Second Quarter 2011 will be published after the close of the trading day in Toronto on Friday July 29, 2011.

The Company will hold a telephone conference with an interactive presentation at 08:00AM EST, 14:00 CET, 05:00AM PST on Wednesday August 3, 2011.

Please call in 10 to 15 minutes before the conference starts and stay on the line (an operator will be available to assist you).

Call-in number for the conference call (North America): +1 416-340-2217 Call-in number for the conference call (North America Toll Free): +1 866-696-5910 Call-in number for the conference call (Europe Toll Free): +00 800-8989-6336

Passcode: 6407702

To take part in the interactive presentation, please log on using this direct link:

http://www.investorcalendar.com/IC/CEPage.asp?ID=165287

The presentation slideshow will also be available in PDF format for download from the Lundin Mining website www.lundinmining.com before the conference call.

A replay of the telephone conference will be available approximately one hour after the completion of the conference until August 16, 2011.

Replay number in North America: +1 905-694-9451 North America (Toll Free) is: +1 800-408-3053 Europe (Toll Free) is: +00 800-3366-3052

The pass code for the replay is: 8506872

For further information, please contact:

Sophia Shane, Investor Relations, North America: +1 604 689 7842 Robert Eriksson, Investor Relations, Europe: +46 70 111 2615 John Miniotis, Senior Business Analyst: +1 416 342 5565