Toronto, ON, April 1, 2011 � (TSX: LUN; NASDAQ OMX: LUMI)Lundin Mining Corporation (�Lundin Mining�) announced that it has been notified by the Toronto Stock Exchange (the �TSX�) that the TSX will defer consideration of the acceptance of Lundin Mining�s limited duration Shareholder Rights Plan (the "Rights Plan") until such time as the TSX is satisfied that the Ontario Securities Commission will not intervene pursuant to National Policy 62-202 � Take-Over Bids � Defensive Tactics. Pursuant to TSX policies, the TSX automatically defers acceptance of shareholder rights plans adopted in response to a specific take-over bid.

Shareholders should note that the Rights Plan remains in effect even though the TSX has deferred its review of the Rights Plan. A copy of the Rights Plan will be available at www.sedar.com.

About Lundin Mining

Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Sweden, Spain and Ireland, producing copper, zinc, lead and nickel. In addition, Lundin Mining holds a development project pipeline which includes an expansion project at its Neves-Corvo mine along with its equity stake in the world class Tenke Fungurume copper/cobalt mine in the Democratic Republic of Congo.

On Behalf of the Board,

Phil Wright

President and CEO

For further information, please contact:

Sophia Shane, Investor Relations North America: +1-604-689-7842

John Miniotis, Senior Business Analyst: +1-416-342-5560

Robert Eriksson, Investor Relations Sweden: +46 8 545 015 50