Loading ...JOHANNESBURG (miningweekly.com) – TSX- and OMX-listed Lundin Gold is preparing to advance its Fruta del Norte (FDN) gold/silver project, in Ecuador, into the next phase, moving the flagship operation a step closer to construction.
During the quarter to June 30, the company completed a positive feasibility study and closed the first tranche of a C$82.5-million equity financing and, post-period, secured the nod of approval from the Ecuador government to take its FDN project into the exploitation phase, said Lundin president and CEO Ron Hochstein.