Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the fourth quarter and full year 2018 on Wednesday, March 13, 2019 after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, March 14, 2019 at 8:00 a.m. Pacific | 11:00 a.m. Eastern. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief [...]
Fortuna Silver Mines Inc. is pleased to provide an update on construction activities at its 100 percent owned Lindero gold Project located in the Province of Salta, Argentina. Tertiary crushing foundations Leach pad earthworks and lining Permanent camp Following the cessation of unusually heavy rainfall in Salta Province in recent weeks, which resulted in damage to the road leading to the Lindero Project site , management [...]
Fortuna Silver Mines Inc. is pleased to report that the Federal Attorney's Office for Environmental Protection has completed its investigation 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 . PROFEPA’s final report confirms that the overflow did not contaminate soil, and therefore no remediation is [...]
Fortuna Silver Mines Inc. is pleased to provide an overview of its Brownfields exploration programs in Mexico, Peru and Argentina. David F. Volkert, Vice President of Exploration, commented, "An important exploration priority at Fortuna is to continue adding to the longevity of our mines. During the third and fourth quarters of 2017 and throughout 2018, the Company drilled a total of 62,412 meters in 134 surface and [...]
Fortuna Silver Mines Inc. reports that although weather conditions at the Lindero gold Project site in the Province of Salta, Argentina have remained normal, unusually heavy rainfall over the past week in other regions of the Province has caused damage to two segments of the 450 kilometer road from the city of Salta to the Lindero Project. As a result, transportation to and from the project site is restricted to light [...]
Fortuna Silver Mines Inc. is pleased to announce fourth quarter and full year 2018 production figures from its two underground operating mines, the San Jose Mine in Mexico and the Caylloma Mine in Peru. For the full year 2018, the Company produced 8.9 million ounces of silver and 54.2 thousand ounces of gold or 12.8 million Ag Eq1 ounces. 2018 Consolidated Production Highlights Silver and gold production were 7 % and 12 [...]
Fortuna Silver Mines Inc. today reported net income of $6.9 million, earnings per share of 4 cents and revenue of $59.6 million in the third quarter of 2018. Jorge A. Ganoza, President and CEO, commented, “We have delivered a solid quarter in spite of a 12% and 5% decrease in silver and gold prices, respectively, in the third quarter, with earnings per share of $0.04, EBITDA of $24.2 million, and free cash flow [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the third quarter of 2018 on Thursday, November 8, 2018 after the market closes. A conference call to discuss the financial and operational results will be held on Friday, November 9, 2018 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. reports that in the early morning of October 8th, abnormally high rainfall caused a contingency pond to overflow at the dry stack tailings facility at the San Jose mine located in Oaxaca, Mexico. The contingency pond collects water from a ditch system at the dry stack facility designed to capture and manage rain water. The Company wants to emphasize that no industrial process water was discharged [...]
Fortuna Silver Mines Inc. is pleased to report production results for the third quarter of 2018 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 12,542 ounces of gold, plus base metal by-products. Silver and gold production for the first nine months totaled 7.0 million ounces and 42,140 ounces respectively; being [...]
Fortuna Silver Mines Inc. announces that on September 17, 2018, it acquired for a purchase price of C$356,000, direct ownership of 4,746,667 common shares of Prospero Silver Corp., of 510 West Georgia Street, Suite 1800, Vancouver, BC V6B 0M3, at a price of C$0.075 per Share. Immediately following this transaction, Fortuna owned 15,460,951 common shares of Prospero, representing 26.90% of the issued and outstanding common [...]
Fortuna Silver Mines Inc. is pleased to provide results for its infill drilling program at the Lindero Project in Argentina. The Lindero Project is under construction, and commercial operations are planned to start late in the third quarter of 2019, with an estimated gold production of 137,000 ounces of gold in the first full year of operation . Eric Chapman, Vice President of Technical Services, commented: "Infill [...]