financetom
Business
financetom
/
Business
/
Lundin Gold Third-Quarter Gold Production Little Changed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lundin Gold Third-Quarter Gold Production Little Changed
Oct 8, 2025 2:44 PM

05:24 PM EDT, 10/08/2025 (MT Newswires) -- Lundin Gold ( LUGDF ) on Wednesday said third-quarter production from its Fruta del Norte mine in southeast Ecuador was mostly unchanged from the year-prior quarter..

The company said it produced 122,086 ounces of gold in the quarter, a slight decline from the 122,154 a year earlier.

Gold sales fell to 124,911 ounces from 125,887 ounces.

"Our strong performance this quarter propels our year-to-date gold production to 378,832 ounces, which has us well on track to meet our 2025 production guidance of 490,000 to 525,000 ounces," chief executive Ron Hochstein said.

Shares of Lundin Gold ( LUGDF ) closed up $4.83 to $97.17 on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Nebius Group Receives $700 Million Private Placement Led by Accel, NVIDIA, and Orbis Investments
Nebius Group Receives $700 Million Private Placement Led by Accel, NVIDIA, and Orbis Investments
Dec 2, 2024
09:03 AM EST, 12/02/2024 (MT Newswires) -- Nebius Group ( NBIS ) announced Monday a $700 million private placement financing with participation from Accel, NVIDIA, and Orbis Investments. The company said the funds will support the company's global expansion of full-stack AI infrastructure, including large-scale GPU clusters, cloud platforms, and AI development tools. The financing involves issuing 33.33 million Class...
Marvell Technology to Supply Data Center Semiconductors Under New AWS Agreement
Marvell Technology to Supply Data Center Semiconductors Under New AWS Agreement
Dec 2, 2024
09:03 AM EST, 12/02/2024 (MT Newswires) -- Marvell Technology ( MRVL ) said Monday it has expanded its collaboration with Amazon's ( AMZN ) Amazon Web Services through a five-year agreement to supply advanced data center semiconductor products and utilize AWS's cloud infrastructure for silicon design. Financial terms were not provided. The company said the partnership aims to support cloud...
Canada Post Strike Could Cost Canadian Small Firms C$1 Billion Total by Wednesday, Says CFIB
Canada Post Strike Could Cost Canadian Small Firms C$1 Billion Total by Wednesday, Says CFIB
Dec 2, 2024
09:00 AM EST, 12/02/2024 (MT Newswires) -- The Canada Post strike, now two weeks in, has cost the small- and medium-sized business sector at least C$765 million or C$76.6 million each business day, said the Canadian Federation of Independent Business (CFIB) on Monday. At this rate, if the strike isn't immediately resolved, it will have cost the sector over C$1...
Aquestive Therapeutics Receives FDA 'Positive Feedback' for Anaphylm Sublingual Film
Aquestive Therapeutics Receives FDA 'Positive Feedback' for Anaphylm Sublingual Film
Dec 2, 2024
09:03 AM EST, 12/02/2024 (MT Newswires) -- Aquestive Therapeutics ( AQST ) said Monday it has received positive feedback from the US Food and Drug Administration leading up to the company's planned New Drug Application submission for Anaphylm Sublingual Film to treat severe allergic reactions, including anaphylaxis. Aquestive said the FDA wrote in a written response it agreed with the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved