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The Lundin Group

Founded by Adolf H. Lundin over 50 years ago, the Lundin Group of Companies comprises separate, individually managed public companies focused on the minerals, metals, renewables and energy sectors. Our expertise ranges from early exploration to development and production. 

While each company is separate and individually managed: the Lundin family is majority or major shareholder through its family trust; a Lundin Group company’s board of directors or advisors to the board will comprise a Lundin family member and may also include representative(s) of their choice; a Lundin family member may also occupy an executive position; and Lundin Group companies can leverage advisors and expertise of individuals within the group’s network. Lundin Group companies can also partner with the award-leading Lundin Foundation to optimize their ESG performance and sustainable development initiatives.

Over the years, the Lundin Group has earned a reputation for executing and delivering projects to the highest standards and to the satisfaction of all stakeholders. Click here to read our 2023 Highlights.

Lundin Group Companies

Guatemala

TSXV – BSR

OTCQB - BBSRF

bluestoneresources.ca

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USA

TSX – FDY

faradaycopper.com

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Chile, Argentina

TSX – FIL

Nasdaq First North Growth Market – FIL

filocorp.com

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Canada

TSXV – FWZ

fireweedmetals.com

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Canada, Malaysia, France

TSX – IPCO

Nasdaq Stockholm – IPCO

international-petroleum.com

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Botswana

TSX - LUC

Nasdaq Stockholm – LUC

lucaradiamond.com

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Ecuador

TSX - LUG

Nasdaq Stockholm – LUG

lundingold.com

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Sweden, Portugal, USA, Chile, Brazil

TSX - LUN

Nasdag Stockholm - LUMI

lundinmining.com

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Côte d’Ivoire

TSXV - MAU

montagegold.com

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Chile, Argentina

TSX - NGEX

ngexminerals.com

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Norway, Finland and Sweden

Nasdaq Stockholm - ORRON

orron.com

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Kurdistan

TSXV – SNM

Nasdaq First North Growth Market – SNM

shamaranpetroleum.com

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lundinfoundation.org

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OUR PORTFOLIO COMPANIES View Companies on World Map

Lundin Group Today and Beyond

With an entrepreneurial and adventurous outlook on business and life, Lukas H. Lundin and Ian H. Lundin followed in their father's footsteps. Innovative, people-oriented leaders, they have been responsible for the Lundin Group's extraordinary growth. The Lundin Group continues to build futures based on the principles established by visionary founder, Adolf H. Lundin.

The Lundin Group is now lead by Lukas Lundin's sons Adam Lundin, Jack Lundin, Will Lundin and Harry Lundin who represent the third generation along with several other family members.

Adam Lundin

Adam Lundin

CHAIR OF LUNDIN MINING CORPORATION

Adam Lundin has many years of experience in capital markets and public company management across the natural resources sector. His background includes oil & gas and mining technology, investment advisory, international finance, and executive management. He began his career working for several Lundin Group mining companies in various countries before moving into finance where he was co-head of the London office for an international securities firm. Adam is the former President, CEO and a Director of Josemaria Resources Inc. He now serves as the Chair of the Board of Directors of Lundin Mining Corporation and Filo Mining Corp. He also currently serves on the Board of Directors of Lucara Diamond Corp., NGEx Minerals Ltd., and the Lundin Foundation.

Jack Lundin

Jack Lundin

President and Chief Executive Officer of Lundin Mining Corporation

Jack Lundin was appointed President of Lundin Mining in 2022 and took over the role of CEO in December 2023. He has extensive experience in the natural resource industry gained through exposure with several Lundin Group companies. Prior to joining Lundin Mining, he was President & CEO of Bluestone Resources Inc., and before which he was involved in the highly successful development of Lundin Gold Inc.'s Fruta del Norte Gold Mine in southern Ecuador, serving as the Project Superintendent. He began his career in the mining sector working prospecting jobs on various early-stage projects in Canada, Russia, Ireland, and Portugal. Jack holds a Bachelor of Science degree in Business Administration from Chapman University and a Master of Engineering degree in Mineral Resource Engineering from the University of Arizona.  He currently sits on the board of directors of Lundin Gold Inc., Lundin Foundation, and the University of Arizona’s Lowell Institute for Mineral Resources.

William Lundin

William Lundin

President and Chief Executive Officer of International Petroleum

William Lundin was appointed President and Chief Executive Officer of International Petroleum Corp. in January 2024. He was previously the Chief Operating Officer of IPC from December 2020 to end 2023. He has been with IPC since 2018, and previously with BlackPearl Resources Inc. He has gained diverse experience in conventional and unconventional oil and gas resources working in operations, facilities and production engineering. Prior to being appointed as Chief Operating Officer of IPC, William served in a project management position with IPC Canada. He is currently a Director of ShaMaran Petroleum Corp., Filo Corp. and Orrön Energy AB and serves on the Board of the Lundin Foundation. He holds a degree in Mineral Resource Engineering from Dalhousie University and is a registered professional engineer in Canada.

Harry Lundin

Harry Lundin

Director of International Petroleum

Harry Lundin has worked as a mining engineer in southern Africa for Lucara Diamond Corp. and Freeport-McMoRan Inc. Upon completion of his post-graduate degree, he worked at Sprott Inc., a global asset manager, as an investment analyst before co-founding Bromma Asset Management Inc., a resource-focused asset manager. He is currently a director of International Petroleum Corp. Harry graduated from the University of Arizona, where he obtained a degree in Mining Engineering. In addition, Harry received his Master’s degree in Metals and Energy Finance from Imperial College London.

What sets Lundin Group companies apart from many others in the resource industry is our belief that long-term growth is best achieved through shared community values. Our primary goal is always to build lasting relationships with our employees, the immediate community and all levels of government. When we invest, we do so for the long term. With a firm recognition of our environmental responsibility.

Track Record of Success

BUILT ON EXPLORATION AND DEVELOPMENT

SHAREHOLDER RETURN ON INVESTMENT- PAST PROJECTS HAVE GENERATED MORE THAN $15 BILLION OF VALUE

  • 1995 1,757% International Musto
  • 1999 1,091% Argentina Gold
  • 2001 139% Lundin Oil
  • 2004 850% Lundin Mining (EuroZinc)
  • 2006 609% International Uranium
  • 2006 352% Valkyries Pet.
  • 2007 558% Tenke Mining
  • 2008 961% Tanganyika Oil
  • 2010 1,041% Red Back Mining
  • 2022 449% Josemaria
  • 2022 15,600% Lundin Energy
Year is date of takeover, except Lundin Mining and International Uranium where the year is immediately preceding merger.

Group Total Market Cap

* July 2022 - Lundin Energy acquired by BP Aker