Lundin Gold Inc. is pleased to report fourth quarter 2023 gold production of 99,310 ounces from its Fruta del Norte gold mine in southeast Ecuador, resulting in total gold production of 481,274 oz for the year, in line with the high end of the Company's upwardly revised 2023 guidance range of 450,000 to 485,000 oz. Of the total quarterly gold production, 65,298 oz were produced as a concentrate and 34,012 oz as doré [...]
Lundin Gold Inc. reports the following in accordance with the Swedish Financial Instruments Trading Act. View PDF As a result of the exercise of stock options and the redemption of share units under Lundin Gold's equity compensation plans, and the exercise of previously granted anti-dilution rights of the Company's largest shareholder during the month of December, the Company now has 237,860,048 common shares issued and [...]
2024 highlights include expansion to 5,000 tpd by year end and the largest exploration program ever conducted at Fruta del Norte Lundin Gold Inc. is pleased to announce its 2024 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 Highlights: 2024 production is estimated between 450,000 to 500,000 ounces [...]
Lundin Gold reports the following in accordance with the Swedish Financial Instruments Trading Act. As a result of the redemption of share units under Lundin Gold's equity compensation plan during the month of Nov, the Company now has 237,607,539 common shares issued and outstanding with voting rights as at Nov 30, 2023. This figure may be used by shareholders as the denominator for the calculation by which they will [...]
Lundin Gold Inc. is pleased to announce that it has fully repaid the remaining balance plus accrued interest for a total payment of $72.2 million under its senior debt facility , well in advance of its original maturity date of June 2026. With this, the Company has extinguished all bank debt. All dollar amounts are stated in U.S. currency, unless otherwise indicated. View PDF The Senior Facility was established in 2018 to [...]
Robust free cash flow generation underpins decision to extinguish bank debt Lundin Gold Inc. today reports results for the third quarter of 2023, highlighted by Q3 production of 112,212 ounces of gold and sales of 112,711 oz, at a cash operating cost1 of $704 per oz sold and all-in sustaining cost 1 of $907 per oz sold. All amounts are in U.S. dollars unless otherwise indicated. View PDF version. Lundin Gold's track [...]
Lundin Gold Inc. is pleased to announce that its Board of Directors has declared a quarterly cash dividend of US$0.10 per common share. The dividend will be payable on December 22, 2023, to shareholders of record at the close of business on December 7, 2023. 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 [...]
Lundin Gold Inc. reports the following in accordance with the Swedish Financial Instruments Trading Act. PDF version As a result of the exercise of stock options under Lundin Gold's equity compensation plans during the month of October, the Company now has 237,601,335 common shares issued and outstanding with voting rights as at October 31, 2023. This figure may be used by shareholders as the denominator for the [...]
Lundin Gold Inc. today announces recent results from its conversion and near-mine exploration programs at its 100% owned Fruta del Norte gold mine in southeast Ecuador. The 2023 conversion drilling program, targeting Inferred Mineral Resources within the FDN deposit, has now been concluded and several high-grade results confirm mineralization immediately adjacent to where operations in the mine are currently taking place [...]
Lundin Gold Inc. announces that it will publish its 2023 third quarter results on Wednesday, November 8, 2023, after market close in North America. The Company will host a conference call and webcast to discuss its results, as well as give an update on operations at Fruta del Norte and exploration activities, on Thursday, November 9 at 7:00 a.m. Pacific Time, 10:00 a.m. Eastern Time, 4:00 p.m. CET. PDF Version Conference [...]
In the news release, 112,212 2023, issued 12-Oct-2023 by Lundin Gold Inc. over Newswire.ca, the Q3 2023 entry for the last row of the "Production Results" table should read "1,931" rather than "1,920" as incorrectly transmitted by Newswire.ca. The complete, corrected release follows: 112,212 2023 Lundin Gold Inc. is pleased to report third quarter 2023 gold production of 112,212 ounces from its Fruta del Norte gold mine [...]
Lundin Gold Inc. is pleased to report third quarter 2023 gold production of 112,212 ounces from its Fruta del Norte gold mine in southeast Ecuador. Of the total quarterly gold production, 71,902 oz were produced as concentrate and 40,310 oz as doré. During the same quarter in 2022, the Company produced 121,635 oz of gold. Gold sales in the third quarter of 2023 totalled 112,711 oz and were sold at an average realized gold [...]