Fortuna Silver Mines Inc. today reported third quarter 2021 net income of $0.2 million, adjusted net income1 of $22.5 million, and adjusted EBITDA1 of $75.3 million. Jorge A. Ganoza, President and CEO, commented, "Our strong adjusted EBITDA1 of $75.3 million with margins of 46% and free cash flow from operations1 of $33.8 million in the third quarter attest to the strength of our business. Our record financial results [...]
Fortuna Silver Mines Inc. announces that it will release its unaudited financial statements and MD&A for the third quarter of 2021 on Wednesday, November 10, 2021 after the market closes. A conference call to discuss the financial and operational results will be held on Friday, November 12, 2021 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D [...]
Fortuna Silver Mines Inc. is providing an update on the status of its application for an extension of the environmental impact authorization at the San Jose Mine, located in Oaxaca. In 2009, the Secretar?a de Medio Ambiente y Recursos Naturales granted an Environmental Impact Authorization to Fortuna's Mexican subsidiary, Compan?a Minera Cuzcatln, which authorized the construction, execution and maintenance of the San [...]
Fortuna Silver Mines Inc. reports production results for the third quarter from its four operating mines in the Americas and West Africa, the Lindero Mine in Argentina, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Yaramoko Mine in Burkina Faso. The company produced 65,425 ounces of gold and 1,711,881 ounces of silver or 87,950 gold equivalent1 ounces. Gold and silver production for the first nine months [...]
Fortuna Silver Mines Inc. is pleased to announce that the Board of Directors of the company has made a decision to proceed with the construction of an open pit mine at the S?gu?la gold Project in C?te d'Ivoire. The company is ready to immediately commence construction with long lead items procured, and development teams established on the ground. In July 2021, Fortuna completed the acquisition of Roxgold Inc. which was [...]
Fortuna Silver Mines Inc. announces that Mr. David Volkert is voluntarily retiring as Fortuna's Vice President of Exploration - Latin America effective September 30, 2021. Jorge A. Ganoza, President and CEO, commented, "On behalf of the Board and management I want to thank David for his passion and dedication in carrying out Fortuna's exploration programs for the past five years. We wish him well." Mr. Ganoza added, "With [...]
Fortuna Silver Mines Inc. announced that on September 7, 2021 the company entered into agreements with two private purchasers providing for the sale of an aggregate of 515,365 common shares held by Fortuna in Keon Capital, at a purchase price of C$0.10 per common share, for aggregate proceeds of C$51,536.50. The Sale Shares represent approximately 26.9% of the issued and outstanding common shares of Keon as of September [...]
Fortuna Silver Mines Inc. is pleased to announce continued high-grade results from recent extension and scout drilling at its projects in Cote d'Ivoire and Burkina Faso in West Africa. Paul Weedon, Vice President of Exploration - West Africa, commented, "The exploration teams at Burkina Faso and Cote d'Ivoire have continued to advance the exploration understanding of key structures and controls on mineralization in both [...]
Fortuna Silver Mines Inc. is pleased to announce changes in its management team effective September 1, 2021. Cesar E. Velasco, Country Head Peru, has been appointed Chief Operating Officer, Latin America. Cesar has been with Fortuna since 2018 and is the designated leader for the Fortuna-Roxgold integration. A skilled executive with 23 years of global experience in the mining and manufacturing industry, Cesar has held [...]
Fortuna Silver Mines Inc. today reported second quarter 2021 net income of $16.2 million, adjusted net income1 of $21.5 million, and adjusted EBITDA1 of $54.9 million. Jorge A. Ganoza, President and CEO, commented, "In spite of COVID-19 related challenges at Lindero, which have led us to revise guidance for the year, our second quarter results continue to reflect the strength of our business with record sales of $120.5 [...]
Fortuna Silver Mines Inc. announces that it will release its unaudited financial statements and MD&A for the second quarter 2021 on Wednesday, August 11, 2021 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, August 12, 2021 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D [...]
Fortuna Silver Mines Inc. reports production results for the second quarter from its three operating mines in the Americas, the San Jose Mine in Mexico, the Caylloma Mine in Peru, and the Lindero Mine in Argentina. The company produced 1,892,822 ounces of silver and 31,048 ounces of gold or 55,953 gold equivalent1 ounces. Silver and gold production for the first six months of 2021 totaled 3,806,577 ounces and 65,603 [...]