11:32 AM EST - Lundin Mining Corp. : said it would cease production in its Galmoy zinc/lead/silver mine in Ireland permanently in May 2009. This decision was taken against a background of depressed zinc prices. The company noted that it will complete the remaining rehabilitation work following the closure. Lundin Mining expects the cash flow effect of this closure to not have any material effect on the company as restricted cash is held to cover rehabilitation obligations. Lundin Mining Corp.
shares T.LUN are trading down $0.06 at $1.18.
