FOR:  LUNDIN MINING CORPORATION

TSX SYMBOL:  LUN

NOVEMBER 24, 2004 - 10:44 ET

Lundin Mining Swedish Depository Receipts to be Quoted
on the O-list of Stockholmsborsen; First Day of
Trading Scheduled for December 3, 2004

VANCOVUER, BRITISH COLUMBIA--(CCNMatthews - Nov. 24, 2004) - Lundin
Mining Corporation ("Lundin Mining" or "the Company") (TSX:LUN)(NYA
MARKNADEN:LUMI) is pleased to announce that Stockholmsborsen's Listing
Committee has approved the Company's application for a secondary listing
of its Swedish Depository Receipts on the O-list of Stockholmsborsen
(the Stockholm Stock Exchange). The first day of trading on the O-list
is scheduled for December 3, 2004.

Lundin Mining intends to start the process of fulfilling all necessary
requirements for a primary listing of the Swedish Depository Receipts of
Lundin Mining on the O-list of the Stockholm Stock Exchange without
delay.

The trading lot on the O-list will be 200 Swedish Depository Receipts.

"We are pleased to have been accepted onto the O-list of
Stockholmsborsen. This is a seal of quality for the company and we are
confident that this new listing will lead to a situation where even more
institutional investors, especially from Sweden, will discover Lundin
Mining and take note of our bright future," comments Lukas H. Lundin,
Chairman of Lundin Mining.

The prospectus concerning the listing will be published on Thursday
December 2, 2004 and will be available from that day on Lundin Mining's
website, www.lundinmining.com as well as on the website of E. Ohman J:or
Fondkommission AB, www.ohman.se.

Lundin Mining is a Canadian mining and exploration company with a
primary focus in Scandinavia. The main asset of the company is the
Zinkgruvan mine, located about 200 kilometres southwest of Stockholm,
Sweden. The mine has been producing zinc, lead and silver on a
continuous basis since 1857. Zinkgruvan has consistently ranked in the
lowest cost quartile among zinc mines in the world. Lundin Mining holds
approximately 37 percent of the shares of North Atlantic Natural
Resources AB (NAN), a mining and exploration company listed on the
Stockholm Stock Exchange under the ticker symbol NAN. NAN's primary
asset is the Storliden copper and zinc mine in the Skellefte District of
northern Sweden, which has been in production since 2001. Lundin Mining
also holds a large copper/gold exploration project in the prolific
Norrbotten Mining District in northern Sweden.

ON BEHALF OF THE BOARD

Edward F. Posey, President

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