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Lundin Gold expansion study due within weeks

Lundin Gold plans to release an economic study on a possible expansion of its high-grade Fruta del Norte gold mine in Ecuador within weeks, president and CEO Ron Hochstein has told Mining Journal during the 2020 Precious Metals Summit.

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Fruta del Norte in Ecuador

"The mine and mill are running at design capacity and we are already looking at expanding the operation to 4,000-4,500 tonnes per day, a 20-25% increase in throughput, which we may be able to achieve