- Lundin Gold reported Thursday that its 2022 production of 476,329 oz of gold at an all-in sustaining cost of $805 per oz beat production guidance of 430,000 to 460,000 oz and AISC guidance of $820 to $870 per oz, respectively.
Lundin Gold said it generated net income of $73.6 million in 2022 . Adjusted earnings during 2022 were $125 million , or $0.53 per share. Lundin Gold also announced that its Board of Directors has declared a quarterly cash dividend of US$0.10 per common share. The dividend will be payable on March 31, 2023, to shareholders of record at the close of business on March 13, 2023.
Gold production at Fruta del Norte for 2023 is estimated to be between 425,000 to 475,000 oz based on an average throughput rate of 4,400 tpd, an increase from the average throughput of 4,274 tpd achieved in 2022.
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