Lundin reports significant Q4 loss as low prices force asset impairments

Canadian diversified miner Lundin Mining on Monday reported a $377.7-million, or $0.52 a share, fourth-quarter net loss, on the back of a significant decline in metal prices, which forced the company to book impairments on several assets. The net loss compared with a profit of $36.6-million, or $0.04 a share, in the comparable period ended December 2014.