News out this morning
Lundin resolves illegal blockade at Fruta del Norte
2020-11-02 08:15 ET - News Release
An anonymous director reports
LUNDIN GOLD ANNOUNCES END OF ROAD BLOCKADE PROTEST AT FRUTA DEL NORTE
The illegal blockade which had been impeding transport of supplies and concentrate from Lundin Gold Inc.'s Fruta del Norte gold mine (FDN) in Ecuador has been lifted.
Following the collapse of a public bridge over the Zamora River in Los Encuentros two weeks ago, a small number of local community members erected an illegal blockade on the public road leading to FDN. Although the Company had agreed to fund $3.0 million for the construction of a new public bridge, the blockade organizers attempted to capitalize on the bridge collapse. Following extensive efforts by the Company, a resolution was reached, and the blockade was lifted.
Throughout the 15-day blockade of a public road to FDN, operations continued. The Company is maintaining its 2020 guidance.
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