https://www.miningweekly.com

Lundin reports successful first year of output from Ecuador mine

13th January 2021

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX-listed Lundin Gold managed to produce 242 400 oz of gold at the end of last year, since starting commercial production at the Fruta del Norte mine, in Ecuador, on March 1.

By the fourth quarter, the project was milling about 337 000 t at an average throughput of 3 665 t/d. The average grade of ore milled during the quarter was 10.1 g/t and average recovery was 88.6%.

“Fruta del Norte delivered another strong quarter to close out 2020. The grades mined, recoveries and average throughput were all better than expected during the fourth quarter. This enabled us to exceed the upper end of our gold production guidance of 170 000 oz for the second half of 2020,” says Lundin CEO Ron Hochstein.

Lundin would publish more details on its year ended December 31, on February 24.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 
Monitor Distributors
Monitor Distributors

We at Hawk High Pressure Pumps specialise in industrial pumps and pumping systems. Our high pressure washing equipment is locally manufactured and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 09 October 2026
Magazine round up | 09 October 2026
9th October 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

➕

➕

➕

➕

➕

RESEARCH CHANNEL AFRICA

SUBSCRIBE

➕

➕

➕

➕

➕

➕

➕

➕

➕

➕

CORPORATE PACKAGES

CLICK FOR A QUOTATION

➕

➕







sq:0.043 0.066s - 111pq - 2rq
Subscribe Now