Lundin Mining Announces Voluntary U.S. Deregistration

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Tue Apr 6, 2010 4:16pm EDT

  TORONTO, ONTARIO, Apr 06 (MARKET WIRE) -- 
Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:
LUN)(OMX: LUMI) today announced that it is voluntarily filing a Form 15F
with the U.S. Securities and Exchange Commission (SEC) to terminate the
registration of its common shares under the Securities Exchange Act of
1934, as amended. Lundin Mining expects that this termination of
registration will become effective 90 days after its filing with the SEC.
As a result of this filing, the Company's obligation to file certain
reports with the SEC, including an annual report on Form 40-F or Form
20-F and reports on Form 6-K, will immediately be suspended.

    As a TSX-listed reporting issuer, Lundin Mining will continue to meet its
Canadian continuous disclosure obligations by filing with the Canadian
securities commissions. All of the Company's filings can be found on the
System for Electronic Document Analysis and Retrieval (SEDAR) at
www.sedar.com. The Company's listing of common shares on the Toronto
Stock Exchange and Swedish Depository Receipts representing its common
shares on the OMX Nordic Exchange will not be affected by this change.

    About Lundin Mining

    Lundin Mining Corporation is a diversified Canadian base metals mining
company with operations in Portugal, Sweden, Spain and Ireland, producing
copper, zinc, lead and nickel. In addition, Lundin Mining holds a
development project pipeline which includes expansion projects at its
Zinkgruvan and Neves-Corvo mines along with its equity stake in the world
class Tenke Fungurume copper/cobalt project in the Democratic Republic of
Congo.

    On Behalf of the Board,

    Phil Wright, 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 or "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934 of the United States.
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 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.

Contacts:
Lundin Mining Corporation
Sophia Shane
Investor Relations North America
+1-604-689-7842

Lundin Mining Corporation
John Miniotis
Senior Business Analyst
+1-416-342-5565

Lundin Mining Corporation
Robert Eriksson
Investor Relations Sweden
+46 8 545 015 50
www.lundinmining.com

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