As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading: S&P/TSX COMPOSITE INDEX – June 24, 2019 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Frontera Energy Corp. Energy Oil & Gas Exploration & Production DELETED CES Energy Solutions Corp. Energy Oil & Gas Equipment & Services DELETED Fortuna Silver Mines Inc. Materials Silver [...]
Fortuna Silver Mines Inc. reports that Jorge A. Ganoza, Chief Executive Officer of the Company, has increased his equity position in the Company by acquiring 170,000 common shares on the open market at an average price of US$2.59 per share. An insider report filing reflecting the share acquisition has been made on the SEDI website at www.sedi.ca. About Fortuna Silver Mines Ltd. Inc. Fortuna is a growth oriented, precious [...]
Fortuna Silver Mines Inc. today reported net income of $2.2 million, adjusted net income of $8.4 million, and adjusted EBITDA of $23.8 million for the first quarter of 2019. Jorge A. Ganoza, President and CEO, commented, “Production and cash costs at our Caylloma and San Jose mines for the first quarter underpin a solid start for the year with EBITDA margins of 40 percent. Our cash flow generation objectives remain [...]
Fortuna Silver Mines Inc. is pleased to announce the publication of its first Sustainability Report, prepared using the Global Reporting Initiative Standards: Core Option as a guide. The report provides information on the Company’s safety, environmental, social, and economic performance in 2018. Jorge A. Ganoza, President and CEO, commented, “I am pleased to present our first Sustainability Report which [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the first quarter of 2019 on Tuesday, May 14, 2019 after the market closes. A conference call to discuss the financial and operational results will be held on Wednesday, May 15, 2019 at 9:00 a.m. Pacific | 12:00 p.m. Eastern. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief Financial [...]
Fortuna Silver Mines Inc. is pleased to report production results for the first quarter of 2019 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.2 million ounces of silver and 13,314 ounces of gold, plus base metal by-products. Fortuna is on schedule to produce between 8.2 - 9.0 million ounces of silver and between 49 - 54 thousand ounces of [...]
Fortuna Silver Mines Inc. is pleased to provide its updated estimated gold doré production plan for the first year of commercial production and an updated Mineral Reserve and Mineral Resource estimate as of March 31, 2019 for the Lindero Project located in Argentina. Jorge A. Ganoza, President and CEO, commented, “Based on the results of the 2018 infill drill program and optimization of our mine plan, we have [...]
Fortuna Silver Mines Inc. reports that the Company has filed today its fiscal 2018 annual report on Form 40-F with the U.S. Securities and Exchange Commission. The Form 40-F, which includes the Company’s fiscal 2018 annual audited financial statements, management’s discussion and analysis, and annual information form, is available on the Company’s website and on the SEC’s website. Printed copies of [...]
Fortuna Silver Mines Inc. reports that the Company has filed today updated technical reports on its San Jose Mine and Caylloma Mine dated effective February 22, 2019 and March 8, 2019, respectively. The technical reports are available on the Company’s website, on SEDAR, and on the SEC’s website. Mr. Eric Chapman, Vice-President of Technical Services for the Company, is a “qualified person” as such [...]
Fortuna Silver Mines Inc. is pleased to report that the Mexican National Water Commission has completed its investigation and issued a resolution into the overflow of the contingency pond at the dry stack tailings facility at the San Jose Mine on October 8, 2018, which was caused by heavy seasonal rains . CONAGUA’s resolution confirms that no remediation of the nearby Coyote Creek is required. However, the Company [...]
Fortuna Silver Mines Inc. is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2018 for the Caylloma Mine located in Peru and the San Jose Mine located in Mexico. Jorge A. Ganoza, President and CEO, commented: “For the second successive year, our infill drill programs at both San Jose and Caylloma were successful at replenishing Mineral Reserves mined.” Mr. Ganoza [...]
Fortuna Silver Mines Inc. today reported full year 2018 net income of $34.0 million, adjusted net income of $38.4 million, and adjusted EBITDA of $113.9 million. Jorge A. Ganoza, President and CEO, commented, “In 2018 we had strong financial results with free cash-flow generation from ongoing operations of $55 million and adjusted net income of $38.4 million. Our strong results in the year, in spite of a weaker [...]
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