Updated Share Capital and Voting Rights For Lundin Mining

TORONTO, ONTARIO–(Marketwired - Oct. 30, 2015) - (TSX:LUN)(OMX:LUMI) Lundin Mining Corporation (“Lundin Mining” or the “Company”) reports the following, in accordance with the Swedish Financial Instruments Trading Act:

As a result of the exercise of employee stock options during the month of October, the number of issued and outstanding shares of the Company has increased to 719,613,057 common shares with voting rights as at October 30, 2015.

About Lundin Mining

Lundin Mining Corporation is a diversified base metals mining company with operations in Chile, Portugal, Sweden, Spain and the United States, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a 24% equity stake in the world-class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo and in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

On Behalf of the Board,

Paul Conibear, President and CEO

The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act. This information was publicly communicated on October 30, 2015 at 5:00 p.m. Eastern Time.

FOR FURTHER INFORMATION PLEASE CONTACT:

John Miniotis
Senior Manager, Corporate Development & Investor Relations
+1-416-342-5565

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

Sonia Tercas
Senior Associate, Investor Relations
+1-416-342-5583