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As I remember Ecuador is taking a massive cut of this operation

Posted by ipso facto @ 10:26 on January 10, 2020  

Lundin’s Fruta del Norte produced 28,678 oz gold in 2019

Lundin Gold (TSX: LUG) reported Thursday afternoon that ramp-up to commercial production is on schedule and on budget at its Fruta del Norte gold project in southeast Ecuador, the country’s largest. A total of 28,678 ounces of gold were produced by the end of 2019.

Of the total production at Fruta del Norte which kicked off production in November 2019, 3,411 ounces of gold were produced in the form of doré and 25,267 ounces were produced as concentrate. Approximately 3,400 tonnes of concentrate were produced, of which 2,676 tonnes were shipped to a smelter in Finland by year-end.

Lundin’s Fruta del Norte produced 28,678 oz gold in 2019

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.