Lundin Gold Inc announce its 2025 guidance and three-year outlook for its 100% owned Fruta Del Norte (FDN) gold mine in southeast Ecuador. Lundin gold announces three year outlook anticipates sustained free cash flow generation and continued investment in exploration. 2025 highlights include the benefits of increased throughput to 5,000 tpd and improved gold recoveries and an exploration program with 80,000 metres of drilling.
According to the provided key 2025 Guidance Highlights, 1: Gold production is estimated between 475,000 to 525,000 ounces (oz). & 2: Cash operating costs1 and all-in sustaining costs are expected to range between $730 to $790 and $935 to $995 per oz of gold sold, respectively.
Ron Hochstein, President and CEO commented, “2025 will be another exciting year for Lundin Gold. The commissioning of the plant expansion project is going well, which is expected to increase plant throughput to 5,000 tonnes per day and to improve gold recovery.
With investments in the mine including the new dispatch system, and based on the new mill configuration, we have already identified opportunities to further debottleneck and increase average throughput starting in 2026 to 5,500 tonnes per day.
By maximizing the potential of FDN through our operational excellence program to increase efficiencies and reduce costs combined with a strong gold price environment, we are confident in our ability to continue to generate meaningful free cash flow.
In parallel, we will continue our ambitious exploration program, building on the success of our 2024 program, which, to date, was the largest ever conducted on our extensive, highly prospective land package.”
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