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4.8

Lundin Gold disputes $73M Ecuador tax adjustment, escalates case

Ecuador's tax authority SRI claims $73 million from Lundin Gold for a 2023 sovereign adjustment on its Fruta del Norte mine. The company disputes the calculation and will escalate the case, adding uncertainty to its fiscal position in Ecuador.

Expresoabout 15 hours agoCA, ECCredibility 26%View source

Score Breakdown

Mosaic Score4.8
Confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

#tax dispute#mining#ecuador#lundin gold#sovereign adjustment

Locations

Fruta del Norte

Entities

countrymarket
Source

Related signals

8 found