Lundin Gold Inc - Company Profile
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Lundin Gold Inc (Lundin Gold) is a mining company involved in the exploration and development of mineral properties. Its main activities include the extraction and processing of gold and silver from its mining operations. Lundin Gold's major products are gold concentrate and dore, which are produced at its Fruta del Norte mine. Its products are primarily used by smelters and refineries in the precious metals industry. Lundin Gold utilizes a distribution network that includes transportation of gold concentrate to ports for shipment to smelters in various countries. The company operates in Ecuador, with its target markets including Europe, Canada, Taiwan, and China. Lundin Gold is headquartered in Vancouver, British Columbia, Canada.
Lundin Gold Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Silver | Mineral Exploration |
| Gold |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into an agreement with Newmont Corp to purchase Stream Facility and offtake of its 100% owned Fruta del Norte gold mine in Ecuador. |
| 2024 | Corporate Changes/Expansions | In March, the company announced to increase its mineral reserves to 5.50 million ounces. |
| 2022 | Others | In October, the company announced the completion of the South Ventilation Raise at its Fruta del Norte gold mine in southeast Ecuador. |
Competitor Comparison
| Key Parameters | Lundin Gold Inc | Core Gold Inc | Lumina Gold Corp | Radius Gold Inc | Salazar Resources Ltd |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Vancouver | Vancouver | Vancouver | Vancouver | Vancouver |
| State/Province | British Columbia | British Columbia | British Columbia | British Columbia | British Columbia |
| No. of Employees | 1,848 | 626 | - | 12 | 1 |
| Entity Type | Public | Private | Private | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jack Lundin | Chairman | Executive Board | - | - |
| Ron F. Hochstein | President; Chief Executive Officer; Director | Executive Board | 2014 | - |
| Chester See | Chief Financial Officer | Senior Management | 2024 | - |
| Terry Smith | Chief Operating Officer | Senior Management | 2023 | - |
| Sheila Colman | Secretary; Vice President - Legal and Sustainability | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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