Global Operations, Local Focus

Lundin Group of Companies

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Lundin Mining Corporation

Lundin Mining is a diversified Canadian base metals mining company with operations in Chile, the United States of America, Portugal, and Sweden, primarily producing copper, nickel and zinc. In addition, Lundin Mining holds an indirect 24 percent equity stake in the Freeport Cobalt Oy business, which includes a cobalt refinery located in Kokkola, Finland.

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Lundin Gold Inc.

Lundin Gold is developing its wholly-owned Fruta del Norte gold project in southeast Ecuador. Fruta del Norte is one of the world's largest, highest-grade gold projects currently under construction. The Company's board and management team have extensive expertise in mine construction and operations, and are dedicated to advancing this project through to first gold production in 2019.

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Lundin Petroleum AB

Lundin Petroleum is one of Europe’s leading independent oil and gas exploration and production companies with operations focused on Norway.

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Lucara Diamond Corp.

Lucara is a leading independent producer of large exceptional quality Type IIa diamonds from its 100% owned Karowe Mine in Botswana. The mine has been in production since 2012 and is one of the world’s foremost producers of large, Type IIA diamonds in excess of 10.8 carats, including the historic 1,109 carat Lesedi La Rona (second largest gem diamond ever recovered) and the 813 carat Constellation (sold for a record US$63.1 million).

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Etrion Corporation

Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns and operates 56.7 MW of solar capacity, all in Japan. Etrion also has several projects in the backlog and pipeline at different stages of development in Japan.

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NGEx Resources Inc.

NGEx is a Canadian mineral exploration company with exploration projects in Chile and Argentina. The Company's focus is on advancing the development of its two, large copper-gold deposits, Los Helados and Josemaría, located in Chile's Region III and adjacent San Juan Province, Argentina. The Company owns a 100% interest in the Josemaria project and is the majority partner and operator for the Los Helados project. Los Helados is subject to a Joint Exploration Agreement with its joint exploration partner in Chile, Pan Pacific Copper.

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Denison Mines Corp.

Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan - including its 60% owned Wheeler River project, which hosts the high grade Phoenix and Gryphon uranium deposits. Denison also owns a 22.5% interest in the McClean Lake uranium mill, which is currently processing ore from the Cigar Lake mine under a toll milling agreement, and is the manager of Uranium Participation Corp., a publicly traded company which invests in uranium oxide and uranium hexafluoride.

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Africa Oil Corp.

Africa Oil Corp. is a Canadian oil and gas company with assets in Kenya and Ethiopia, including the South Lokichar Basin, where the Company and its Joint Venture Partners are undertaking activities aimed at sanctioning development.

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BlackPearl Resources Inc.

BlackPearl Resources Inc. is a producing oil company focused on three core heavy oil assets in western Canada, Onion Lake, Mooney and Blackrod. When fully developed, these properties have the potential to produce in excess of 80,000 barrels per day.

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International Petroleum Corp.

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and Europe, providing a solid foundation for organic and inorganic growth.

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Shamaran Petroleum Corp.

ShaMaran Petroleum Corp. is a Kurdistan focused oil development and exploration vehicle which holds an interest in the Atrush oil discovery located in the region. Production from Atrush commenced in July 2017.

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Africa Energy Corp.

Africa Energy Corp. is a Canadian oil and gas company with exploration assets in South Africa and Namibia. Africa Energy's long-term goal is to create shareholder value by building an attractive portfolio of exploration and production assets. The company is focused on high-impact exploration in Africa and may look to acquire producing assets to fund its ongoing exploration program.

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Filo Mining Corp.

Filo Mining Corp. is a Canadian mining company focused on copper/gold/silver exploration in Chile and Argentina. The Company’s key project is Filo del Sol which hosts a high-sulphidation epithermal copper-gold-silver deposit associated with a large porphyry copper-gold system.

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