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Off-market insider buying at Lundin Gold (T:LUG)

Updated Wednesday Aug 25, 2021 02:08 AM EDT

Newcrest Mining Limited, a 10% Holder, acquired 89,410 Common Shares on an indirect ownership basis for registered holder Newcrest Canada Inc. at a price of $11.070 through a private transaction on August 24th, 2021. This represents a $989,769 investment into the company's shares and an account share holdings change of 0.1%.

Lundin Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Lundin Gold Inc. is a Canada-based mining company. The Company owns the Fruta del Norte gold mine and approximately 30 metallic mineral concessions, totaling approximately 64,500 hectares. The Fruta del Norte Project is comprised of approximately seven concessions covering an area of approximately 5,566 hectares and is located approximately 140 kilometeres eastnortheast of the City of Loja in southeastern Ecuador. The Fruta del Norte deposit is an intermediate sulphidation epithermal gold-silver deposit. The Fruta del Norte's mineralogy consists of chalcedonic to crystalline quartz, manganese carbonates, calcite, adularia, barite, marcasite, and pyrite, as well as subordinate sphalerite, galena, chalcopyrite, traces of tetrahedrite and silver sulphosalts. The Company produces gold in the form of concentrate and dore bars. Its subsidiaries include Aurelian Ecuador S.A., Condor Finance Corp., Ecoaurelian Agricola S.A, Aurelianmenor S.A. and Surnorte S.A.

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Go to Lundin Gold Inc. (LUG)'s company page

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