Fortuna Mining Corp. reports production results for the third quarter of 2024 from its five operating mines in West Africa and Latin America. Q3 2024 Production highlights Gold equivalent production of 110,820 ounces1; compared to 128,671 oz Au Eq in Q3 20232 and 116,570 oz Au Eq in Q2 20243 Gold production of 91,251 ounces; compared to 94,821 oz Au in Q3 20232 and 92,716 oz Au in Q2 20243 Silver production of 816,187 [...]
Fortuna Mining Corp. today shared an update on its operations at the Yaramoko Mine in Burkina Faso. On October 5, 2024, Burkina Faso's President Ibrahim Traoré made public comments regarding mining companies operating in the country and the possible withdrawal of existing mining permits. Fortuna has sought clarification from the country's Ministry of Mines on this point and has received confirmation that the government [...]
Fortuna Mining Corp. is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal. Diamba Sud Gold Project exploration highlights Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "The exploration focus at Diamba Sud has turned to testing and expanding some of the previously lightly drilled anomalies, with Western Splay rapidly emerging as the next potential [...]
Fortuna Mining Corp. is pleased to provide an update on its exploration programs at the Séguéla Mine in Côte d'Ivoire. Séguéla Mine exploration highlights Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Kingfisher is rapidly shaping up as a substantial prospect for Séguéla, with a drill defined strike now over 2 kilometers in length and it remains open at depth. Recent drilling highlights include [...]
Fortuna Mining Corp. today reported its financial and operating results for the second quarter of 2024. Second Quarter 2024 highlights Financial Attributable net income of $40.6 million or $0.13 per share, compared to a $26.3 million or $0.09 per share in Q1 2024 Adjusted attributable net income1 of $30.4 million or $0.10 per share, compared to $26.7 million or $0.09 per share in Q1 2024 Generated $93.0 million of cash [...]
Fortuna Mining Corp. announces that it will release its unaudited financial statements and MD&A for the second quarter on Wednesday, August 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, August 8, 2024, at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief [...]
Fortuna Mining Corp. reports production results for the second quarter of 2024 from its five operating mines in West Africa and Latin America. Q2 2024 Production highlights Gold equivalent production of 116,570 ounces1; a 25 percent increase compared to Q2 2023 2 and a 4 percent increase compared to Q1 2024 3 Gold production of 92,716 ounces; a 44 percent increase over Q2 2023 2 and a 3 percent increase compared to Q1 [...]
Fortuna Mining is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project. Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, "Drilling at Karakara continues to improve our understanding of the prospect's potential, returning several high-grade intercepts including a highlight intersection of 31.3 g/t Au over an estimated true width of 12.0 m in drill hole DSDD243. The [...]
Fortuna Silver Mines hereby announces the voting results at the Company's annual and special meeting of shareholders held on June 20, 2024. A total of 153,562,018 common shares were represented at the Meeting, being 50.16% of the Company's issued and outstanding common shares as at the record date. Shareholders voted in favor of all matters brought before the Meeting, including the appointment of auditors, the election of [...]
Fortuna Silver Mines is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d'Ivoire. Séguéla exploration program highlights: Kingfisher Prospect SGDD133: 23.7 g/t Au over an estimated true width of 17.9 meters from 113 meters SGRC1795: 6.0 g/t Au over an estimated true width of 11.9 meters from 23 meters SGRC1833: 6.4 g/t Au over an estimated true width of 19.6 meters from 119 meters [...]
Fortuna Silver Mines has closed its previously announced offering of 3.75% convertible senior notes due 2029 in an aggregate principal amount of US$172.5 million, which includes exercise of the full amount of the option to purchase an additional US$22.5 million aggregate principal amount of Notes. The initial conversion rate for the Notes is 151.7220 common shares of Fortuna per US$1,000 principal amount of Notes [...]
Fortuna Silver Mines announces that it has priced its previously announced offering of convertible senior notes due 2029 in an aggregate principal amount of US$150 million. The Company has granted the initial purchasers of the Notes an option for a period of 15 days to purchase up to an additional US$22.5 million aggregate principal amount of Notes. The Notes will be issued at par value. The Notes will bear cash interest [...]