LUNDIN GOLD RELEASES 2023 SUSTAINABILITY REPORT

www.benzinga.com 06-06-2024 10:00 2 Minutes reading Positive 0.66
VANCOUVER, BC, June 6, 2024 /CNW/ - Lundin Gold Inc. (TSX:LUG) (Nasdaq Stockholm: LUG) (OTCQX:LUGDF) ("Lundin Gold" or the "Company") is pleased to announce the release of its 2023 Sustainability Report which outlines the Company's progress and performance against its 5-Year Sustainability Strategy across its business activities. The Company is also pleased to report its 2023 taxes, royalties and other government contributions under the Extractive Sector Transparency Measures Act ("ESTMA"). All amounts are in U.S. dollars unless otherwise indicated. PDF Version"This Sustainability Report highlights our performance as we approach five years of operations in Ecuador. By remaining steadfast in our commitment to responsible mining over this time, we are now seeing the positive and long-lasting impact we are having for our employees, our host communities, and the country." said Ron Hochstein, President and Chief Executive Officer of Lundin Gold. "I am proud of our achievements over this last year, our continued progress against the targets we have set, and the lasting positive impact we are making in Ecuador."Highlights of Lundin Gold's 2023 Sustainability Report:Total Recordable Incident Rate (TRIR) of 0.24 per 200,000 hours worked, down from 0.30 in 2022Zero reportable environmental incidents13% reduction in per-capita water usage and 90% recycling/reuse of our non-hazardous wasteMore than 40% of tailings used as backfill in the mineSetting of goal to be carbon neutral (Scopes 1 and 2) by 2030 based on the current life of mine plan Greenhouse gas (GHG) emissions (Scopes 1 and 2) intensity of 0.08 tCO2e per ounce of gold produced, including the successful implementation of decarbonization initiatives identified in the 2023 Climate Change ReportRealization of goal to provide internet connectivity to all 22 communities in our area of influenceLaunch of a mental health and well-being program in our local community, with over 500 residents of all ages participating97% graduation rate from local high school which continues to be assisted by the Company's educational support programLocal procurement growth of 6% for a total spend of $28 million in 2023 in the Province of Zamora ChinchipeHighlights of Lundin Gold's 2023 Economic Contributions to Ecuador:Full story available on Benzinga.com

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