
Canada’s Lundin Gold (TSX:LUG) is going ahead with expansion plans for its Fruta del Norte gold-silver mine in Ecuador, the country’s largest, only a year after producing the first doré bar on site.
The Vancouver-based miner said the $18.6 million-expansion will take throughput from 3,500 to 4,200 tonnes per day over the life of mine and would be funded by cash flow from operations.
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