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Lundin Gold Shares Surge on Record Ecuadorian Output

Lundin Gold shares jumped 6.6% Friday to 92.46 Canadian dollars after the miner posted a record-breaking quarter at its Fruta del Norte site in Ecuador. The company produced 153,736 ounces of gold in the third quarter, marking a significant production milestone since operations began at the facility.

By Money Talk·October 9, 2026·2 min read·366 reads

Lundin Gold Shares Surge on Record Ecuadorian Output

The latest figures represent a 28% increase compared to the 122,086 ounces produced during the same period last year. Operational efficiency drove these gains, as the company processed 535,711 metric tons of ore, up from 484,296 tons in the prior-year period. Furthermore, the average head grade improved to 10.1 grams per ton, rising from 8.9 grams previously.

Management reiterated confidence in their long-term trajectory, confirming the company remains on track to meet its full-year output guidance of 475,000 to 525,000 ounces for 2026.

Lundin Gold Shares Surge on Record Ecuadorian Output

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