Fruta Del Norte Produces 118,994 Gold Ounces In Q2 2026
Fruta del Norte, located in Zamora Chinchipe, produced 118,994 ounces of gold in the second quarter of 2026.
The project is operated by Lundin Gold and is one of Ecuador's two large-scale industrial mines operating since 2019.
Production Mix
| Metric | Q2 2026 |
|---|---|
| Total gold production | 118,994 oz |
| Concentrate | 79,208 oz |
| Doré | 39,786 oz |
| Ore processed | 500,143 t |
| Average throughput | 5,496 t/day |
| Average grade | 8.3 g/t |
| Recovery rate | 89.1% |
| Gold sold | 110,385 oz |
| Average realized price | USD 4,359/oz |
The Q2 volume was below the 139,433 ounces produced in the same quarter of 2025.
Guidance And Power
CEO Jamie Beck described the quarter as the weakest expected period of the year and said the mine remains on track for 475,000-525,000 ounces of 2026 production.
Lundin Gold also signed a renewable power purchase agreement with Barka Capital. The agreement is intended to cover the 20 MW currently required by Fruta del Norte's operation.
What To Watch
The second-half watch point is whether higher-grade access and plant performance keep the operation inside guidance. The power contract is also relevant because it reduces exposure to public-grid supply risk for one of Ecuador's most important mining assets.
Source
El Universo — “Mina Fruta del Norte produjo 118.994 onzas de oro en el segundo trimestre de 2026”
View originalSupport daily Ecuador business intelligence.
Research support funds source monitoring, data checks, editing, publishing, and sector coverage for professionals tracking Ecuador.