Highlights

Fruta del Norte

• 
     Mine portals were completed and soft tunneling is well advanced.
     
  
• Key infrastructure at site to support mine development was completed.
     
  
• Detailed engineering contracts for the process plant, tailings facility and water management were awarded and work began on all areas.
     
  
• Long-lead time process plant equipment was ordered.
     Engineering, procurement and construction ("EPC") contract for the power transmission line from the Bomboiza substation to the site was awarded.
     
  
• Major earthworks activities are progressing and work on the process plant area started.
  
  

http://lundingold.mwnewsroom.com/press-releases/...201711071104470001

Fruta del Norte

"The start of production is targeted by the end of 2019. The underground mine is expected to operate for 15 years and produce over 325 000 oz of gold annually, and encompasses six of the company’s 29 mining concessions, which cover 70 000 ha of land."

http://www.miningweekly.com/article/...ne-in-ecuador-built-2018-03-05

400 Mio. $ Privatplatzierung erfolgreich abgeschlossen

https://www.mining-technology.com/news/...-fund-gold-project-ecuador/

Q4/18 soll das erste Gold produziert werden auf Fruta del Norte

www.miningweekly.com/article/...-closes-350m-debt-facility-2018-07-09

Fruta de Norte Project Estimate

UPE Highlights:

• Reconfirmed construction schedule with first mine production planned in Q2 2019 and first gold production planned in Q4 2019.
• Reduced period of capital payback to 3.5 years from 4 years with improved IRR to 17.5% from 16.3%.
• A 10% increase in NPV 5% to $786 million from $717 million.
• Estimated all-in sustaining cost ("AISC") reduced to $583 per ounce of gold from $609 per ounce of gold.
• Estimated operating cost per tonne decreased 7.3% from $111.84 to $103.65.
• Estimated total gold production increased by 73,000 ounces to 4.6 million ounces over a 15 year mine life.
• Total estimated capital expenditures increased only 1.2% from $684 million to $692 million.

https://www.lundingold.com/en/news/...ect-schedule-and-lowers-122583/

Kupfer-Zink-Nickel Produzent - Lundin Mining

https://www.lundinmining.com/news/...8-production-results-an-1696451/