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Lundin Gold to decide by December on Fruta del Norte Sur and plant expansion in Ecuador

FinanceInternationalBNamericasAI summary
Image: BNamericas

Canadian firm Lundin Gold expects to make an integrated investment decision by December at the latest on the Fruta del Norte Sur deposit and the expansion of the plant at its Ecuadorian gold mine. The company is evaluating raising capacity from about 5,500 to between 6,500 and 7,000 tonnes per day, to sustain around 500,000 ounces a year. In the third quarter of 2026 it produced a record 153,736 ounces, up 26% year on year, and it maintains its guidance of 475,000 to 525,000 ounces for the year.

In 45 seconds

  • Lundin Gold will make an integrated investment decision by December at the latest on Fruta del Norte Sur and the plant expansion.
  • The plant would go from about 5,500 to between 6,500 and 7,000 tonnes per day, to sustain around 500,000 ounces a year.
  • Fruta del Norte Sur has an inferred resource of 2.09 million ounces and an initial probable reserve of 0.54 million declared in February.
Read the full story at BNamericas

IASummary generated by artificial intelligence from a story by BNamericas. It may contain errors: the original source prevails.

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