Lundin Mining To Release Third Quarter 2012 Results Wednesday, October 24, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 16, 2012) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI) ("Lundin Mining" or the "Company") announces that the report for the third quarter period ended September 30, 2012 will be published after the close of the trading day in Toronto on Wednesday, October 24, 2012.

The Company will hold a telephone conference with an interactive presentation at 08:30AM ET, 14:30 CET, 05:30AM PT on Thursday, October 25, 2012.

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): +1-416-340-2217

Call-in number for the conference call (North America Toll Free): +1-866-696-5910

Call-in number for the conference call (Europe Toll Free): +00-800-8989-6336

To take part in the interactive presentation, please log on using this direct link:http://www.investorcalendar.com/IC/CEPage.asp?ID=170007

The presentation slideshow will also be available in PDF format for download from the Lundin Mining websitewww.lundinmining.com before the conference call.

A replay of the telephone conference will be available approximately one hour after the completion of the conference until November 15, 2012.

Replay number in North America: +1-905-694-9451

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

Europe (Toll Free) is: +00-800-3366-3052

The pass code for the replay is: 5530304

FOR FURTHER INFORMATION PLEASE CONTACT:

Sophia Shane
Lundin Mining Corporation
Investor Relations, North America
+1 604 689 7842

OR

Robert Eriksson
Lundin Mining Corporation
Investor Relations, Europe
+46 70 111 2615

OR

John Miniotis
Lundin Mining Corporation
Senior Business Analyst
+1 416 342 5565
www.lundinmining.com