Lundin Gold Inc. (TSX:LUG)

Revenue

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Doré Sales Revenue	597.84M	423.55M
Doré Sales Revenue Growth	41.15%	30.41%
Concentrate Sales Revenue	1.10B	772.20M
Concentrate Sales Revenue Growth	42.51%	34.06%
Gain on Provisionally Priced Trade Receivables	84.66M	-2.70M
Revenue (Other)	-2.00K	-
Revenue (Total)	1.78B	1.19B
Revenue (Total) Growth	49.44%	32.19%

Key Performance Indicators

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Tonnes Ore Mined	1.83B	1.67B
Tonnes Ore Mined Growth	9.62%	2.22%
Tonnes Ore Milled	1.83B	1.69B
Tonnes Ore Milled Growth	8.12%	2.20%
Average Mill Throughput (tpd)	5.01K	4.62K
Average Mill Throughput (tpd) Growth	8.42%	1.92%
Average Mill Head Grade (g/t)	9.50	10.50
Average Mill Head Grade (g/t) Growth	-9.52%	2.94%
Average Recovery	89.00%	87.80%
Concentrate - Gold Ounces Produced	324.49M	320.24M
Concentrate - Gold Ounces Produced Growth	1.33%	3.03%
Doré - Gold Ounces Produced	173.83M	181.79M
Doré - Gold Ounces Produced Growth	-4.38%	6.66%
Total Gold Ounces Produced	498.32M	502.03M
Total Gold Ounces Produced Growth	-0.74%	4.31%
Concentrate - Gold Ounces Sold	331.31M	319.04M
Concentrate - Gold Ounces Sold Growth	3.84%	4.26%
Doré - Gold Ounces Sold	172.03M	176.33M
Doré - Gold Ounces Sold Growth	-2.44%	4.74%
Total Gold Ounces Sold	503.33M	495.37M
Total Gold Ounces Sold Growth	1.61%	4.43%
Average Realized Gold Price (USD/oz sold)	3.59K	2.46K
Average Realized Gold Price (USD/oz sold) Growth	45.98%	25.74%

Updated Dec 31, 2025. Data Source: Fiscal.ai.