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Lukas Lundin

Lukas Lundin
Born Lukas Henrik Lundin
1958 (age 58–59)
Residence Geneva, Switzerland
Nationality Swedish-Canadian
Alma mater New Mexico Institute of Mining and Technology
Occupation Businessman
Net worth US$2.5 billion (August 2016)
Title Chairman, Lundin Mining
Children 4 sons
Parent(s) Adolf H. Lundin
Relatives Ian Lundin (brother)

Lukas Henrik Lundin (born 1958) is a Swedish-Canadian billionaire businessman, based in Geneva, Switzerland. He is the chairman of Lundin Mining, Denison Mines, Lucara Diamond, NGEx Resources Inc, Lundin Gold Inc, the Lundin Foundation, and Vostok Gas. He is also the owner of a $100 million eco-friendly super-yacht, Savannah.

Lukas Lundin was born in 1958, the son of Adolf H. Lundin, the founder of Lundin Mining and Lundin Petroleum. He graduated from the New Mexico Institute of Mining and Technology in 1981.

Lundin was in charge of International Petroleum Corporation's oil and gas operations in 1982, based in Dubai. From 1990 to 1995, he was president of International Musto Exploration Limited, where he was responsible for the acquisition of the Bajo de la Alumbrera deposit, in a $500 million takeover.

Lundin is the chairman of Lundin Mining, Denison Mines, Lucara Diamond, NGEx Resources Inc, Lundin Gold Inc, the Lundin Foundation, and Vostok Gas.

Together with his younger brother Ian Lundin, who chairs Lundin Petroleum, he has a net worth of at least US $2.5 billion, mostly from commodity-based companies in oil and gas, metals and mining, gold, diamonds, and cattle in Latin America.

Speaking in 2016, Lundin said, "It's a good time to acquire right now", citing in particular possibilities in base metals, and that Lundin Mining should continue expand further, after acquiring the Eagle nickel and copper mine in Michigan from Rio Tinto Group in 2013, and control of the Candelaria/Ojos del Salado copper mines in Chile from Freeport-McMoRan Inc in 2014. Lundin believes zinc is the best bet on a two-five year horizon, and copper and nickel perhaps in the longer term, and that Chile, Argentina and Peru are all places where he is "comfortable doing business".


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