EXPLORATION & DEVELOPMENT

Lundin Gold expansion study due within weeks

Lundin Gold plans to release an economic study on a possible expansion of its high-grade Fruta del Norte gold mine in Ecuador within weeks, president and CEO Ron Hochstein has told Mining Journal during the 2020 Precious Metals Summit.

Fruta del Norte in Ecuador

Fruta del Norte in Ecuador

"The mine and mill are running at design capacity and we are already looking at expanding the operation to 4,000-4,500 tonnes per day, a 20-25% increase in throughput, which we may be able to achieve next...

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