Asset Report
Fruta Del Norte gold mine project
Report summary
Based on the June 2016 Technical Report, Lundin Gold was expected to develop an underground mine and a 3.5kt/d ore processing gold plant with production starting by January 2020 and ending by 2033. The initial capital investment is estimated at US$668.7 million (2016$). Average annual gold production was expected to be around 415koz. By Mid 2019 the project was being developed under schedule. To August 2019 the construction had advanced to 78% complete. The commissioning stage was expected for November 2019 and commercial production was expected for Q2 2020. Our analysis estimates production from January 2020.
Table of contents
- Summary
- Key issues
- Power
- Water
- CAPEX
- Operating
- Mining
- Processing
- Royalties and taxes
- Permitting
- Community relations
- Environmental reclamation
Tables and charts
This report includes 1 images and tables including:
- Detailed map
What's included
This report contains:
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