We set out to study the seasonal variations in porewater phosphorus and lanthanum concentrations in the dated sediment cores from a small eutrophic lake that has been treated with Phoslock, a lanthanum-modified bentonite (LMB) amendment. Three sites were sampled when the hypolimnion was either oxygenated or anoxic: (i) the lake's deepest point, (ii) a littoral site receiving inflows from the catchment, and (iii) a littoral site influenced by nearby septic tanks. Phosphate (PO43--P), lanthanum (La), iron (Fe), dissolved organic carbon (DOC) and sulfate (SO42-) were measured in porewater samples. An inverse diagenetic model was used to quantify fluxes of dissolved elements across the sediment-water interface as well as the net rate of their reactions along the porewater concentration gradients. Results show that porewater P and Fe underwent strong seasonal dynamics, while La did not. P fluxes, 20-fold higher at the deepest site than elsewhere in the basin, were influenced by anoxic conditions in the hypolimnion during summer and winter, suggesting that P mobility remained sensitive to redox fluctuations despite the addition of La. At the deepest site, fluxes of P across the sediment-water interface increased from 1 to 9 × 10-9 μmol cm-2 s-1 between spring and summer, while the rate of P production to the porewater also increased a hundredfold. These increases were concurrent with Fe mobilization. Finally, sediment dating shows that the fraction of P sequestered by La is buried under freshly deposited sediment at a rate of 2-3 mm per year. These results indicate that external P fluxes and erosion control remain crucial to maintain the longevity of the LMB treatment.