https://www.engineeringnews.co.za

Fruta del Norte returning to normal as Ecuador protests end

15th October 2019

By: Creamer Media Reporter

     

Font size: - +

Operations at the Fruta del Norte project, in Ecuador, are returning to normal after President Lenin Moreno agreed to scrap a decree to eliminate fuel subsidies and indigenous groups called an end to strikes after almost two weeks of protests.

With roadblocks having been lifted, the movement of key supplies and personnel to and from the project has resumed, TSX-listed Lundin Gold reported on Monday evening.

The company ceased mining, earthworks and plant commissioning activities at the weekend, as road blockades cut supplies to the mine site. At the time, the junior warned that it might not reach its goal for first gold production this quarter.

“Now that the project is on the national power grid, the company expects that commissioning activities, which had been cut back, will return to the normal plan within the next few days,” it said in a media statement.

The $692-million Fruta del Norte project will be Ecuador’s biggest gold mine, producing an average of 310 000 oz/y at a projected all-in sustaining cost of $583/oz. 

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
SABAT
SABAT

From batteries for boats and jet skis, to batteries for cars and quad bikes, SABAT Batteries has positioned itself as the lifestyle battery of...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.053 0.086s - 140pq - 2rq
Subscribe Now