TSX:LUNMetals and Mining
Lundin Mining (TSX:LUN) Faces Class Action Over 2017 Candelaria Disclosure Is Management Transparency Under Scrutiny?
Lundin Mining recently announced that the Supreme Court of Canada has upheld a 2023 ruling, allowing a securities class action to proceed concerning the timing of disclosures around a 2017 pit wall instability and rockslide at its Candelaria Mine in Chile.
This legal development means the company will continue to face litigation related to its historical disclosure practices, which adds ongoing legal risk to its operational outlook.
With court-approved litigation now moving forward, we will...