Ecuador-focused Lundin Gold has increased its production guidance and decreased its cost guidance for 2022, following continuing strong operating results in the first half of the year.
The Vancouver-headquartered miner now expects to produce between 430 000 oz and 460 000 oz, from a previous guidance of 405 000 oz to 445 000 oz. All-in sustaining costs (AISC) decreased from a range of $860/oz to $930/oz, to between $820/oz to $930/oz.