TSX:LUGMetals and Mining
Does Lundin Gold’s (TSX:LUG) Reaffirmed 2026 Output Target Reinforce Its Operational Reliability Story?
In the second quarter of 2026, Lundin Gold Inc. reported production of 118,994 gold ounces from 500,143 tonnes of ore processed at Fruta del Norte, with recoveries modestly lower than a year earlier, and reaffirmed its full‑year 2026 production guidance.
Despite nine days of planned plant maintenance, improved access to higher‑grade stopes lifted throughput and grades in June, underpinning management’s confidence in meeting its annual production targets.
We’ll now examine how this reaffirmed...