News

Lundin Mining to Release First Quarter Report Thursday May 12, 2005; Telephone Conference to be Held on May 12 at 16:30 Central European Time (CET)

May 9, 2005
NEWS RELEASE TRANSMITTED BY CCNMatthews
FOR:  LUNDIN MINING CORPORATION

TSX SYMBOL:  LUN

MAY 9, 2005 - 11:51 ET

Lundin Mining to Release First Quarter Report Thursday
May 12, 2005; Telephone Conference to be Held on May
12 at 16:30 Central European Time (CET)

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 9, 2005) - Lundin Mining
Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(O-list at
Stockholmsborsen:LUMI) announces that the interim report for the 1st
quarter of the fiscal year 2005 will be published on May 12, 2005.

The Company will hold a telephone conference with an interactive
presentation at 16:30 CET (10:30 a.m. EST) May 12, where Karl-Axel
Waplan, CEO of Lundin Mining, as well as Anders Haker, CFO and Lundin
Mining's Chairman Lukas H. Lundin will be available to comment on the
report and the latest developments in Lundin Mining.

Please call in 5 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): 1-718-354-1157
Call-in number for the conference call (Europe): +46-(0)8-587 69446

To take part of the interactive presentation, please log on to:
www.placeware.com/cc/premconfeurope/join?id=f5428039&role=attend&pw=ZGGBJ
W

Meeting ID: f5428039

Meeting Access Code: ZGGBJW

A replay of the telephone conference will be available approximately one
hour after the completion of the conference and until May 18, 2005.

Replay number in Europe is: +46-(0)8-587 69441 and in North America:
1-718-354-1112. To access the recording, please enter access code:
5428039#.

A recording of the conference, with synchronized presentation slides,
will also be available for download at www.lundinmining.com
approximately one hour after the conference has ended.

Lundin Mining is a Canadian mining and exploration company with a focus
in Europe. The Company is one of the world's leading producers of zinc.
The main asset of Lundin Mining is the Zinkgruvan mine, located about
200 kilometers 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. In the beginning of 2005, Lundin Mining
acquired the remaining outstanding shares of North Atlantic Natural
Resources AB (NAN). NAN's primary asset is the Storliden copper and zinc
mine in the Skellefte mining district of northern Sweden, which has been
in production since 2002. By acquiring ARCON International Resources
P.l.c. of Ireland, Lundin Mining added the Galmoy zinc-lead mine and an
extensive exploration acreage in the county of Kilkenny, Ireland to it's
existing portfolio. Lundin Mining also holds a large copper/gold
exploration project in the prolific Norrbotten mining district in
northern Sweden as well as exploration permits covering numerous
exploration targets in the historical Skellefte mining district of
northern Sweden.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Lundin Mining Corporation
Sophia Shane
Head of Corporate Communications
(604) 689-7842
(604) 689-4250 (FAX)

or

Lundin Mining Corporation
Robert Eriksson
Investor Relations - Europe
+46-8-545 074 70
www.lundinmining.com