Lundin Gold Inc (Lundin Gold) carries out mineral exploration. It focuses on advancement of Fruta del Norte (FDN) project in southeast Ecuador. The FDN Project deposit is in a copper-gold metallogenic sub-province located in the Cordillera del Condor region. The company’s properties in Ecuador comprise of 29 metallic mining concessions and three construction material concessions. These concessions are operated by the company’s subsidiaries Aurelianmenor SA, Condor Finance Corp, Ecoaurelian Agricola S.A., Surnorte S.A. and Aurelian Ecuador SA (AESA). The company has operations in Canada and Ecuador. Lundin Gold is headquartered in Vancouver, British Columbia, Canada.

Headquarters Canada

Address 885 Georgia St W Suite 2000, Vancouver, British Columbia, V6C3E8


Telephone 1 604 6897842

No of Employees 1,602

Industry Metals and Mining

Ticker Symbol & Exchange LUG (TSE)

Revenue (2020) $733.3M 104.8% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 569.5% (2020 vs 2019)

Market Cap* $1.7B

Net Profit Margin (2020) XXX 329.2% (2020 vs 2019)

* As of and is in US$

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Mines & Projects

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Products and Services

Services
Mineral exploration
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2021 Stake Sale In January, the company sold its 7.41% stake to Nemesia Sarl.
2020 Others In November, the company was recognized by United Nations Global Compact Ecuador for best practices in Sustainable Development Goal 8, Decent Work and Economic Growth.
2020 Others In September, the company received the exploration permit for the Emperador concession and planning to initiate a 6,000-metre drill program at Barbasco.
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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 1,602 626 - 12 1
Entity Type Public Private Public Public Public
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Executives
Name Position Board Since Age
Lukas H. Lundin Chairman Executive Board 2014 63
Ron F. Hochstein Director; Chief Executive Officer; President Executive Board 2014 -
Alessandro Bitelli Chief Financial Officer; Executive Vice President Senior Management 2016 -
Sheila Colman Secretary; Vice President - Legal Senior Management 2015 -
David Dicaire Vice President - Projects Senior Management 2016 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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