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2014-04-22

Lundin Mining to Release First Quarter 2014 Results Tuesday, April 29, 2014

er 2014 Results Tuesday, April 29, 2014

Telephone Conference to be held on Wednesday, April 30, at 08:00am Eastern Time
(ET), 14:00 Central European Time (CET), 05:00am Pacific Time (PT)

April 22, 2014 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (“Lundin Mining”
or the “Company”) announces that the report for the first quarter period ended
March 31, 2014 will be published after the close of the trading day in Toronto
on Tuesday, April 29, 2014.

The Company will hold a telephone conference with an interactive presentation
at 08:00 am ET, 14:00 CET, 05:00 am PT on Wednesday, April 30, 2014.

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 8527

Call-in number for the conference call (North America Toll Free): +1 800 565
0813

Call-in number for the conference call (Europe Toll Free): +001 800 6578 9898

To take part in the interactive presentation, please log on using this direct
link:
http://www.investorcalendar.com/IC/CEPage.asp?ID=172671

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 call until May 7, 2014.

Replay number in North America: +1 905 694 9451

North America (Toll Free) is: +1 800 408 3053

Europe (Toll Free) is: +001 800 3366 3052

The pass code for the replay is: 9897944

About Lundin Mining

Lundin Mining is a diversified base metals mining company with operations and
projects in Portugal, Sweden, Spain and the U.S.A 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

Forward Looking Statements

Certain of the statements made and information contained herein is
“forward-looking information” within the meaning of the Ontario Securities Act.
Forward-looking statements are subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those reflected in
the forward-looking statements, including, without limitation, risks and
uncertainties relating to the estimated cash costs, the timing and amount of
production from the Eagle Mine, the cost estimates for the Eagle Mine, foreign
currency fluctuations; risks inherent in mining including environmental
hazards, industrial accidents, unusual or unexpected geological formations,
ground control problems and flooding; risks associated with the estimation of
mineral resources and reserves and the geology, grade and continuity of mineral
deposits; the possibility that future exploration, development or mining
results will not be consistent with the Company’s expectations; the potential
for and effects of labour disputes or other unanticipated difficulties with or
shortages of labour or interruptions in production; actual ore mined varying
from estimates of grade, tonnage, dilution and metallurgical and other
characteristics; the inherent uncertainty of production and cost estimates and
the potential for unexpected costs and expenses, commodity price fluctuations;
uncertain political and economic environments; changes in laws or policies,
foreign taxation, delays or the inability to obtain necessary governmental
permits; and other risks and uncertainties, including those described under
Risk Factors Relating to the Company’s Business in the Company’s Annual
Information Form and in each management discussion and analysis.
Forward-looking information is in addition based on various assumptions
including, without limitation, the expectations and beliefs of management, the
assumed long term price of copper, nickel, lead and zinc; that the Company can
access financing, appropriate equipment and sufficient labour and that the
political environment where the Company operates will continue to support the
development and operation of mining projects. Should one or more of these risks
and uncertainties materialize, or should underlying assumptions prove
incorrect, actual results may vary materially from those described in
forward-looking statements. Accordingly, readers are advised not to place undue
reliance on forward-looking statements. Lundin Mining undertakes no obligation
to update publicly or revise any forward-looking information or statements,
whether as a result of new information, future events or otherwise, except as
required by applicable securities laws.

For further information, please contact:
Sophia Shane, Investor Relations North America: +1-604-689-7842
John Miniotis, Senior Business Analyst: +1-416-342-5565
Robert Eriksson, Investor Relations Sweden: +46 8 545 015 50

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