Lundin reports successful first year of output from Ecuador mine

TSX-listed Lundin Gold managed to produce 242 400 oz of gold at the end of last year, since starting commercial production at the Fruta del Norte mine, in Ecuador, on March 1. By the fourth quarter, the project was milling about 337 000 t at an average throughput of 3 665 t/d. The average grade of ore milled during the quarter was 10.1 g/t and average recovery was 88.6%.