Lundin Mining (TSX:LUN) Construction In Progress : C$1,959 Mil (As of Dec. 2023)

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What is Lundin Mining Construction In Progress?

Lundin Mining's quarterly construction in progress increased from Jun. 2023 (C$1,790 Mil) to Sep. 2023 (C$1,962 Mil) but then declined from Sep. 2023 (C$1,962 Mil) to Dec. 2023 (C$1,959 Mil).

Lundin Mining's annual construction in progress increased from Dec. 2021 (C$447 Mil) to Dec. 2022 (C$1,511 Mil) and increased from Dec. 2022 (C$1,511 Mil) to Dec. 2023 (C$1,959 Mil).

Lundin Mining Construction In Progress Historical Data

The historical data trend for Lundin Mining's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lundin Mining Construction In Progress Chart

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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563.16

540.15

447.01

1,511.30

1,959.18

Lundin Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1,511.30	1,720.20	1,790.47	1,961.91	1,959.18

Lundin Mining Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Lundin Mining (TSX:LUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

Lundin Mining (TSX:LUN) Headlines

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