Our Lindero Mine is in Salta, Argentina. The open-pit mine is operated by Mansfield Minera S.A., an Argentinian subsidiary 100% owned by Fortuna.
Fortuna acquired the fully permitted, shovel-ready development-stage project in July 2016. Over the following year, we optimized the Feasibility Study and made a positive construction decision in September 2017. Mass earth moving activities began in 2018, and the mine’s first gold pour occurred on October 20, 2020. In 2024, the mine produced 97,287 ounces of gold.
The deposit is a gold porphyry, and, based on December 31, 2023 reserves, Lindero has a pit life of 9 years.
Crushing circuit at Lindero is designed to crush 18,750 tonnes of ore per day. The crushed ore is placed on a leach pad with the resulting pregnant solution pumped to SART (Sulphidisation, Acidification, Recycling and Thickening) and ADR (Adsorption – Desorption – Regeneration) plants before electrowinning and refining, where gold is poured as doré bars.
We recognize the role the Lindero Mine plays in the sustainable development in the Tolar Grande region. In 2024, we employed 1,296 direct employees and contractors.