Lundin Gold: Fruta del Norte Gold Mine Q2 Output Surged

SEATTLE (Scrap Monster): Lundin Gold Inc. announced production results for the second quarter and the first half of 2025.

According to a press release from the firm, its Fruta del Norte gold mine in Ecuador produced 139,433 ounces of gold in the second quarter of 2025. Of this, 47,191 ounces were produced as dore and 92,242 ounces as concentrate. The company produced 133,062 ounces of gold in the same period last year.

460,820 tonnes of ore were processed by the mill in Q2 2025, yielding an average daily throughput rate of 5,064 tonnes at an average grade of 10.4 grams per tonne.

ALSO READ:

Lundin Gold Exceeded 2024 Output Guidance

Lundin Gold Anticipates Improved Gold Recoveries in 2025

It yielded 256,746 ounces of gold in the first half of this year alone. When compared to the output of 244,634 ounces in H1 2024, this is higher. 89,010 ounces of dore and 167,736 ounces of concentrate made up the H1 2025 production. Additionally, the business reported selling 254,378 ounces of gold at an average realized price of $3,231 per ounce.

Ron Hochstein, President and CEO of Lundin Gold, commented on the findings, saying that the business is well on pace to exceed its 2025 production target of 475,000 to 525,000 ounces due to its great performance during the second quarter. He noted that the plant expansion project, which was put into service in the first quarter, has been a resounding success.