Fortuna Silver Mines announces that it is offering convertible senior notes due 2029 in an aggregate principal amount of US$150 million. The Company expects to grant 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 Company intends to use the net proceeds from the Offering to repay bank indebtedness, to fund [...]
Fortuna Silver Mines is pleased to announce the publication of its sixth annual sustainability report which details the Company's performance on key environmental, social, and governance indicators during 2023. The report also includes dedicated sections on Fortuna's sustainability management and initiatives at each of the Company's operating mines as well as the contributions made within the countries that host our [...]
Fortuna Silver Mines is pleased to report that the Yaramoko Mine located in Burkina Faso reached the one-million-ounce gold pour milestone on May 19, 2024. Yaramoko started production on May 16, 2016 and Fortuna acquired the mine on July 2, 2021. As of Dec 31, 2023, Yaramoko has a remaining mine life of two years with Proven and Probable Mineral Reserves of 0.9 Mt at a grade of 7.90 g/t Au and containing 219 koz Au, in [...]
Fortuna Silver Mines reported its financial and operating results for the first quarter of 2024. First Quarter 2024 highlights Financial Attributable net income of $26.3 million or $0.09 per share, compared to a $92.3 million attributable net loss or $0.30 per share in Q4 2023 Adjusted attributable net income1 of $26.7 million or $0.09 per share, compared to $20.6 million or $0.07 per share in Q4 2023 Generated $84.3 [...]
Fortuna Silver Mines announced that the TSX has approved the renewal of Fortuna's normal course issuer bid to purchase up to five percent of its outstanding common shares. Under the NCIB, purchases of common shares may be made through the Toronto Stock Exchange, the New York Stock Exchange and/or alternative Canadian trading systems. The share repurchase program starts on May 2, 2024 and will expire on the earlier of: May [...]
Fortuna Silver Mines Inc. announces that it will release its unaudited financial statements and MD&A for the first quarter on Tuesday, May 7, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Wednesday, May 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 Financial [...]
Fortuna Silver Mines Inc. is pleased to provide an update on its Yessi vein exploration program at the San Jose Mine in Mexico. Paul Weedon, Senior Vice President of Exploration, commented, "Drilling on the Yessi vein, since the initial discovery hole in August 2023, has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq over an estimated true width of 3.0 meters from 604.85 meters [...]
Fortuna Silver Mines Inc. reports strong gold and gold equivalent production for the first quarter of 2024 from its five operating mines in West Africa and Latin America. Gold and silver production for the quarter was 89,678 ounces and 1.1 million ounces, respectively, or 112,543 gold equivalent ounces1, including lead and zinc by-products. Fortuna reiterates its 2024 annual production guidance range of 343 to 385 [...]
Fortuna Silver Mines reports that the Company has filed today its fiscal 2023 annual report on Form 40-F with the U.S. Securities and Exchange Commission . The Form 40-F, which includes the Company's fiscal 2023 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 the annual financial [...]
Fortuna Silver Mines Inc. is pleased to announce that it will be attending Gold Forum Europe 2024, which is being held at the Park Hyatt in Zürich, Switzerland, from April 8 to 10, 2024. Jorge A. Ganoza, President, Chief Executive Officer, and co-founder of Fortuna, will be presenting on Tuesday, April 9 at 2:30 p.m. Central European Time in Ballroom 3. About Gold Forum Europe Gold Forum Europe is Europe's only [...]
Fortuna Silver Mines Inc. today reported its financial and operating results for the fourth quarter and full year 2023. Fourth Quarter and Full Year 2023 highlights Financial Attributable net loss for the quarter of $92.3 million or $0.30 per share after non-cash impairment charges of $90.6 million in Q4 2023, totaling an attributable net loss of $50.8 million for the full year 2023 Attributable adjusted net income1 of [...]
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