VANCOUVER, Jan.14, 2019 /CNW/ - Lundin Gold Inc. is pleased to announce that the underground mine declines have reached the orebody, and level development has begun at its Fruta del Norte gold project in Ecuador. Please view PDF version of News Release. Project Highlights as at December 31, 2018: Total of 4.5 kilometre of underground mine development achieved. K'isa decline is complete and mine development crews now [...]
Lundin Gold Inc. is pleased to announce its results for the three and nine months ended September 30, 2018. All amounts are in U.S. dollars unless otherwise indicated. Please view PDF version of News Release. "With overall construction just over a third complete and a significant portion of the Project's capital committed, Fruta del Norte remains on track for first gold expected around this time next year. This makes [...]
Lundin Gold Inc. is pleased to announce the results of its update of the project estimate for its Fruta del Norte gold project . The UPE involved a thorough review of the mine plan, capital and operating cost re-estimate and an update to the Project schedule. All amounts are in U.S. dollars unless otherwise indicated. This update should be read in conjunction with the Technical Report entitled "Fruta del Norte - NI [...]
Lundin Gold Inc. is pleased to announce its results for the three and six months ended June 30, 2018. All amounts are in U.S. dollars unless otherwise indicated. Please view PDF version of News Release. "During the quarter, we continued to de-risk the Project. Site earthworks are nearly complete and we began work on the powerline. Underground development rates exceeded our target advance rates and today we are more than [...]
VANCOUVER, July 9, 2018 /CNW/ - Lundin Gold Inc. is pleased to announce that it has closed its previously announced senior secured project finance debt facility of $350 million with a syndicate of seven senior lenders to fund the development and construction of the Fruta del Norte gold project in Ecuador . The Company has also executed a gold concentrate offtake agreement . All amounts in this release are in U.S [...]
VANCOUVER, June 1, 2018 /CNW/ - Lundin Gold Inc. is pleased to report the voting results from the Company's 2018 Annual General Meeting of Shareholders , which was held earlier today in Vancouver, British Columbia. Election of Directors The nominees listed in the management proxy circular for the Annual Meeting were elected as directors of the Company. The detailed results of the vote for the election of directors held at [...]
VANCOUVER, May 24, 2018 /CNW/ - Lundin Gold Inc. announces that Lorito Holdings S.à.r.l. and Zebra Holdings and Investments S.à.r.l , both private corporations owned by a trust whose settlor was the late Adolf H. Lundin, have restructured their holdings in the Company. Lorito has transferred 8,473,370 common shares and Zebra has transferred 1,227,651 common shares of Lundin Gold to Nemesia S.à.r.l [...]
VANCOUVER, May 11, 2018 /CNW/ - Lundin Gold Inc. is pleased to announce its results for the three months ended March 31, 2018. All amounts in this release are in U.S. dollars unless otherwise indicated. "During the first quarter of this year the Company achieved major milestones at Fruta del Norte and significantly de-risked the Project. We completed a $400 million equity private placement, secured commitment for a $350 [...]
VANCOUVER, April 30, 2018 /CNW/ - Lundin Gold Inc. announces that its Annual General Meeting of Shareholders will be held at the offices of Blake, Cassels & Graydon LLP, Suite 2600, 595 Burrard Street, Vancouver, British Columbia on Friday, June 1, 2018 at 10:00 a.m. , for the following purposes: To receive the audited consolidated financial statements and accompanying management discussion and analysis of Lundin Gold for [...]
VANCOUVER, British Columbia, April 16, 2018 -- Lundin Gold Inc. is pleased to announce that is has reached major construction milestones and is now past one kilometre of underground mine development at its Fruta del Norte gold project in Ecuador. Over 1 km of underground development has been achieved at Fruta del Norte SAG and ball mill base concrete foundations First major pond for site water management completed New [...]
VANCOUVER, British Columbia, April 13, 2018 -- Lundin Gold Inc. is pleased to announce that Natixis and the Bank of Montreal have joined the lenders syndicate of the previously announced senior secured project finance facility . As a result of their additional commitments, the total commitment from the lenders under the Facility has increased to US$350 million. The Facility will fund the development and construction of [...]
Lundin Gold Inc. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the issuance of 93,497,140 common shares in connection with a previously disclosed equity private placement financing, as at March 29, 2018, the number of issued and outstanding shares of the Company is 213,163,980 common shares with voting rights. About Lundin Gold [...]