Lundin Gold Delivers Strong Q2 Earnings Amid Robust Balance Sheet

Lundin Gold Inc., an international gold mining company, reported its financial and operational results for the second quarter ended June 30, 2026. The company delivered a strong second quarter with adjusted earnings of $202 million, supported by consistent operating performance and strong margins at Fruta del Norte.

The company generated revenues of $478 million from gold sales of 110,385 ounces at an average realized gold price of $4,359 per ounce. Cash operating costs were $1,016 per ounce sold, while all-in sustaining costs were $1,176 per ounce sold.

Lundin Gold ended the quarter with a robust balance sheet, including cash and cash equivalents of $507 million. The company generated free cash flow of $96 million during the quarter and returned $293 million to shareholders through dividends.