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The price of copper has surged recently, and this company is well placed to benefit from it in 2026.
Lundin ( LUNMF) said it expects to produce 134K-149K oz of gold and 310K-335K tons of copper in 2026, down from previous guidance of 144K-159K oz of gold and 320K-348K tons of copper.
Strong Chilean operations pushed Lundin past 2025 guidance and set the stage for higher copper and gold output next year.
Lundin cut its 2026 copper and gold production guidance due to lower underground mining rates at Candelaria in Chile.
Copper prices surged on January 21, 2026, driven by tightening inventories, global supply disruptions, and a weaker dollar.