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Fruta del Norte

Project Stages

The development stages in the projects are displayed in the standard sequence for the industry. However, projects may be developed in a different sequence because of corporate decisions or events that push the owner to repeat stages. To access the full details of this project’s history please explore its milestones


Early Works
Awaiting construction decision
Start: 06/2016
Completion: 05/2017
In Construction
Current Stage Under Construction
Start: 07/2017
Completion: 12/2019
Operation
In production
Start:12/2022
Project Details

Description

Fruta del Norte (FDN) is a buried epithermal gold deposit, the largest gold discovery in Ecuador and one of the largest discoveries worldwide. FDN is a high grade, intermediate epithermal gold-silver system hosted in andesitic volcanics.

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Principal Works

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Related Companies

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  • * Figures and dates are as per the latest publicly available information, as well as information gathered by BNamericas reporters and analysts and are subject to change.

  • * Changes to original budget estimates are shown as the total figure available and may include interest, working capital, inflation adjustments and other contingencies in addition to capital expenditure.

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Key Specs

Full Name
Fruta del Norte
Project Type
Gold, Underground mining
Development Phase
Under Construction
Project Status
Active
Project Capacity
340,000  oz/y (ounces per year)  Gold
 Underground mining
Investment
US$ 684mn
Completion Date
2022
Lifespan
15
Location

The project is located within the La Zarza mining concession, in the Cordillera del Condor part of the eastern foothills of the Andes, Zamora-Chinchipe province, in southeastern Ecuador.

* The map coordinates represent the approximate latitude and longitude, and not the exact location of the project.


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Owner / operator
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Site Manager
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Project Manager
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Senior Geologist
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Project Director
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Procurement / Contracts Superintendent- Construction
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VP Projects
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Supply Chain Manager
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