Lundin Gold Inc.

Lundin Gold Inc. reported third quarter 2026 gold production of 153,736 ounces from its Fruta del Norte mine in southeast Ecuador, the highest quarterly output since commercial production began at the site. Of that total, 103,311 ounces were produced as concentrate and 50,425 ounces as doré, compared with 122,086 ounces in the same quarter of 2025. The mill processed 535,711 tonnes of ore in the quarter at an average throughput of 5,823 tonnes per day, an average grade of 10.1 grams per tonne and recoveries of 88.3 percent. For the first nine months of 2026, the mill processed 1,532,652 tonnes and produced 392,472 ounces of gold. President and CEO Jamie Beck said the company is well positioned to deliver full-year production within its 2026 guidance range of 475,000 to 525,000 ounces, adding that year-to-date sales trailed production due to timing and that most of those ounces are expected to be sold in the fourth quarter. Lundin Gold will publish its third quarter 2026 results on November 4, 2026, after market close in North America, and will host a conference call and webcast on November 5.

Canadian stocks are poised for a positive open on Friday, buoyed by strong domestic and U.S. employment figures and firm precious metals prices. Statistics Canada reported that employment rose by 75,100 jobs in July, while the unemployment rate edged down to 6.4% from 6.5%. In the U.S., non-farm payrolls unexpectedly fell by 23,000 jobs, but the unemployment rate dipped to 4.1% from 4.2%. Canadian Natural Resources posted second-quarter net income of C$4.503 billion, or C$2.15 per share, up from C$2.459 billion a year earlier, while Lundin Gold reported net income of $219.87 million, or $0.91 per share, compared with $196.73 million in the prior-year quarter. Gold futures surged $73.30 to $4,372.90 an ounce, and silver futures gained $2.749 to $64.355 an ounce, though oil prices slipped amid renewed Middle East tensions after Houthi attacks on Saudi Arabia.