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| Land | Kanada |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Råvaror |
| Industri | Gruvdrift & metaller |
Vancouver, BC, August 16, 2021 /CNW/ - Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG) ("Lundin Gold" or the "Company") is pleased to announce that Ron Hochstein, President and CEO, will be presenting at a Virtual Town Hall on Thursday, August 19, 2021 at 6:00 pm CET/12 noon EST.
Lundin Gold announced its Q2 2021 results on August 11, 2021, with key highlights including production of 108,799 ounces ("oz") of gold and sales of 125,412 oz during the quarter, at an average cash operating cost[1] of $596 per oz sold, the Company's lowest quarterly cash operating costs since achieving commercial production in February 2020, and all-in sustaining cost[1] of $720 per oz sold. From this, net revenues, adjusted earnings[1], and cash flow from operations of $216.1 million, $74.8 million, and $142.0 million, respectively, were realized. In the first half of the year, the Company generated $217 million in operating cash flow and ended this six-month period with a cash balance of $192.2 million.
Register for the live event here: Register Lundin Gold Town Hall (https://us06web.zoom.us/webinar/register/WN_ZeXgyH3yQCeMM7aF4v2jbg) or at www.lundingold.com.
A copy of the presentation will be available on the Company's website.
Additional Information
This information was publicly communicated on August 16, 2021 at 6:00 a.m. Pacific Time through the contact persons set out below.
[1] Refer to "Non-IFRS Measures" section of the Management Discussion & Analysis for the quarter ended June 30, 2021.
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