Lundin Gold Reports First Quarter of 2021 Results
Record quarterly production underpins strong financial performanceVANCOUVER, BC, May 12, 2021 /CNW/ - Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG) ("Lundin Gold" or the "Company") today reports results for the first quarter of 2021, a quarter marking the first anniversary of the achievement of commercial production at Fruta del Norte. Highlights for the quarter include production of 104,137 ounces (“oz”) of gold and sales of 81,805 oz during the quarter, at an average all-in sustaining cost (“AISC”)[1 ]of $830 per oz sold. From this, net revenues, adjusted earnings[1], and cash flow