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Lundin Gold goes ahead with $18.6m Fruta del Norte expansion
Lundin Gold goes ahead with $18.6m-expansion of Fruta del Norte
Lundin Gold is embarking on an expansion of the mine and mill at the Fruta del Norte operation, in Ecuador. (Image from Lundin Gold’s presentation.)

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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Lundin Gold goes ahead with $18.6m-expansion of Fruta del Norte
Lundin Gold is embarking on an expansion of the mine and mill at the Fruta del Norte operation, in Ecuador. (Image from Lundin Gold’s presentation.)

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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