Lundin Mining Corporation

Good morning, ladies and gentlemen, and welcome to the London Mining First Quarter 2024 Financial Results and Webcast Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question and answer session. If at any time during this call you require immediate assistance, please press star zero for the operator. This call is being recorded on Thursday, May 2nd of 2024. I would now like to turn the conference over to Jack London, President and CEO.

Please go ahead.

Good morning, everyone, and thank you for joining Lundin Mining's first quarter 2024 conference call. Yesterday, we reported our operating and financial results for Q1. A copy of our press release and presentation are available on our website where a replay will also be made available. All figures presented in this presentation are in US dollars unless otherwise noted. Before we begin our presentation, I would like to remind the audience that yesterday's results and certain comments on the call include forward-looking information and by their nature are subject to risks and uncertainties. For further information, I will draw your attention to the cautionary statements on slide two for reference and our latest relevant filings on CDAR. On the call with me today, I'm joined by other senior members of our executive team. Tyler Polson, our Executive Vice President and Chief Financial Officer, and Juan Andres Morel, our Executive Vice President and Chief Operating Officer. Operationally, our assets performed in line with expectations during the quarter. Copper production is planned to be second-half weighted this year, as higher throughputs and improved grade profiles, specifically from Candelaria, our largest location, which represents over 40% of our output, is anticipated. As a result, quarterly copper production for the company was 88,000 tons, and we are on track to meet our annual guidance which has ranged between 366,000 tons to 400,000 tons. 46,000 tons of zinc were produced and 33,000 ounces of gold were produced in the quarter. Higher zinc and gold production are planned to be back half-weighted, and Juan Andres will touch on each asset in more detail shortly. This translated into 363 million in adjusted EBITDA and 68 million in free cash flow from operations during the quarter. The company continues also to return capital to shareholders, and yesterday, our board of directors declared a regular quarterly dividend of 9 cents Canadian per share, which makes up part of the annualized dividend of 36 cents Canadian per share. Since we initiated our dividend policy back in 2017, we have distributed over 1.1 billion US dollars to shareholders, inclusive of share buybacks. We also updated our mineral reserves and mineral resources estimates in Q1, which have increased by 26% year-over-year to 10.6 million tons of copper, demonstrating that we continue to have drilling success at our assets and have been effective in generating shareholder value through the drill bit. I will now hand the call over to Juan Andres, our COO, to talk about our production results.