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An announcement from Lundin Gold ( (TSE:LUG) ) is now available.
Lundin Gold reported annual 2025 gold production of 498,315 ounces from its Fruta del Norte mine in Ecuador, meeting its elevated guidance range of 490,000 to 525,000 ounces, with gold sales totaling 503,330 ounces. The fourth quarter delivered record mill throughput of 484,950 tonnes, averaging 5,271 tonnes per day at a head grade of 8.7 grams per tonne and recoveries of 88.3%, underscoring continued operational efficiencies even as grades eased from 2024 levels. Management highlighted that this operational momentum underpins 2026 production guidance of 475,000 to 525,000 ounces, supported by plans to further ramp up mill throughput to 5,500 tonnes per day and improve recoveries to 91%, positioning the company to sustain strong output from one of the sector’s premier high‑grade gold mines.
More about Lundin Gold
Lundin Gold Inc., headquartered in Vancouver, operates the high‑grade Fruta del Norte gold mine in southeast Ecuador, one of the world’s highest-grade operating gold assets. The company focuses on responsible, transparent mining practices aligned with international standards, aiming to deliver shareholder value through operational excellence, ongoing exploration of its extensive land package, and long-term, sustainable growth that also benefits local communities and minimizes environmental impact.
See more data about LUG stock on TipRanks’ Stock Analysis page.