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Lundin Gold receives Ecuador tax assessment over 2023 sovereign adjustment worth USD 154 million
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Lundin Gold receives Ecuador tax assessment over 2023 sovereign adjustment worth USD 154 million
  • Lundin Gold received a tax assessment from Ecuador’s SRI over the 2023 sovereign adjustment calculation tied to the Fruta del Norte mine.
  • The assessment proposes USD 73 million payable, with potential fines and penalties of USD 81 million, totaling USD 154 million excluding interest.
  • Management disputes the calculation, citing a misinterpretation of methodology under its Exploitation Agreement and related investment protection framework.
  • Operations, guidance, expansion plans, and capital returns remain unchanged while the company pursues resolution through formal channels.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lundin Gold Inc. published the original content used to generate this news brief on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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