Record annual production, cash generation and increased dividend Lundin Gold Inc. is pleased to report results for the fourth quarter and year ended December 31, 2024. Lundin Gold's year is highlighted by record annual production of 502,029 ounces of gold at an all-in sustaining cost 1 of $875 per oz sold, exceeding production guidance of 450,000 to 500,000 oz and achieving AISC1 guidance of $820 to $890 per oz sold. This [...]
Lundin Gold Inc. is pleased to announce that its Board of Directors has declared an increased quarterly cash dividend of US$0.30 per common share , up from US$0.20 per common share in previous quarters. The dividend will be payable on March 26, 2025 to shareholders of record at the close of business on March 11, 2025. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes. In addition, the [...]
Lundin Gold Inc. today reports its updated estimates of Mineral Reserves and Mineral Resources as at December 31, 2024 for its Fruta del Norte gold mine in Ecuador. The tables of the updated estimates of Mineral Reserves and Resources can be found at the end of this release. PDF Version Highlights Based on contained gold ounces, the 2024 estimates are the highest ever published at FDN for Mineral Reserves and Resources [...]
Lundin Gold reports the following in accordance with the Swedish Financial Instruments Trading Act. As a result of the exercise of stock options under Lundin Gold's equity compensation plan during the month of January, the Company now has 240,281,498 common shares issued and outstanding with voting rights as at Jan 31, 2025. This figure may be used by shareholders as the denominator for the calculation by which they will [...]
Lundin Gold Inc. is pleased to announce record annual gold production of 502,029 ounces in 2024 from its Fruta del Norte gold mine in southeast Ecuador, exceeding the Company's 2024 guidance range of 450,000 to 500,000 oz. Gold production in the fourth quarter 2024 totalled 135,241 oz, consisting of 88,834 oz of concentrate and 46,407 oz of doré, and gold sales totalled 131,175 oz. During the same quarter in 2023, the [...]
2025 highlights include the benefits of increased throughput to 5,000 tpd and improved gold recoveries and an exploration program with 80,000 metres of drilling Lundin Gold Inc. is pleased to announce its 2025 guidance and three-year outlook for its 100% owned Fruta del Norte gold mine in southeast Ecuador. All amounts are in U.S. dollars unless otherwise indicated. View PDF 2025 Guidance Highlights: Gold production is [...]
New drilling results highlight the potential of the gold deposit Lundin Gold Inc. is pleased to announce additional drilling results from its ongoing 2024 near-mine exploration program at Bonza Sur, in close proximity to its 100%-owned Fruta del Norte gold mine in southeastern Ecuador. Recent results confirm the significant size of the Bonza Sur mineral deposit. Drilling has extended the deposit's length by 800 metres to [...]
Lundin Gold reports the following in accordance with the Swedish Financial Instruments Trading Act. As a result of the exercise of stock options under Lundin Gold's equity compensation plan and the exercise of previously granted anti-dilution rights of the Company's largest shareholder during the month of Nov, the Company now has 240,194,898 common shares issued and outstanding with voting rights as at Nov 29, 2024. This [...]
Record cash generation, revenue, and adjusted EBITDA achieved and supported by a strong gold price Lundin Gold Inc. is pleased to report results for the third quarter of 2024, highlighted by record high cash flow with cash from operating activities of $218 million and adjusted free cash flow1 of $182 million or $0.76 per share. This was achieved through record revenues of $323 million realized from the sale of 125,887 [...]
Lundin Gold Inc. is pleased to announce that its Board of Directors has declared a quarterly cash dividend of US$0.20 per common share. The dividend will be payable on December 20, 2024 to shareholders of record at the close of business on December 5, 2024. This dividend qualifies as an "eligible dividend" for Canadian income tax purposes. PDF Version Based on today's closing price of the Company's common shares on the [...]
Recent drilling results confirm the continuity and growth potential of FDNS as a new high-grade system across the south of FDN Lundin Gold Inc. is pleased to announce additional results from its ongoing 2024 near-mine and conversion drilling programs at its 100% owned Fruta del Norte gold mine in southeast Ecuador. Recent drilling results at FDN South confirm the continuity and the high-grade nature of this mineralized [...]
Lundin Gold reports the following in accordance with the Swedish Financial Instruments Trading Act. As a result of the exercise of stock options under Lundin Gold's equity compensation plan during the month of Oct, the Company now has 240,027,814 common shares issued and outstanding with voting rights as at Oct 31, 2024. This figure may be used by shareholders as the denominator for the calculation by which they will [...]