productionguidance

🏅 Lundin Gold Sets Steady Ecuador Output Through 2028

Lundin Gold says its flagship Fruta del Norte gold mine (Ecuador) will deliver stable annual production from 2026 through 2028, underpinning its medium‑term outlook amid strong gold prices.

🔢 Production & Cost Guidance:

🪙 Gold output (2026–2028): 475,000–525,000 ounces per year

🛠️ Cash operating costs: $900–$960 per oz

🏭 All‑in sustaining costs (AISC): $1,110–$1,170 per oz

🚜 Mill throughput: 5,500 tonnes/day planned

🧠 Head grade & recovery: ~8.3 g/t with ~91% recovery

💰 Sustaining capital (2026): $75–$90 M

📈 Strategic Outlook:
Lundin Gold also plans continued exploration drilling and expansion studies, with potential capacity increases and new zone development under evaluation, maintaining production stability while seeking future growth.

Expert insight: A consistent multi‑year production profile gives investors clarity and supports cash‑flow stability even as gold markets remain volatile.

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