Fortuna Silver Mines Inc. hereby announces the voting results at the Company's annual general meeting held on June 22, 2023. A total of 142,378,954 common shares were represented at the meeting, being 48.95% of the Company's issued and outstanding shares as at the record date. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors, the election of management's nominees [...]
Fortuna Silver Mines Inc. regrets to report that a fatality involving a worker employed by a mining contractor occurred at the Caylloma Mine located in Arequipa, Peru. The accident took place on Friday, June 2, 2023. Jorge A. Ganoza, President, CEO and Director of Fortuna, commented, "The health and safety of our workforce is a top priority at Fortuna, and we mourn this tragic loss at the Caylloma mine. We are focused now [...]
Fortuna Silver Mines Inc. is pleased to announce that the first gold has been poured at the Séguéla Mine, in Côte d'Ivoire. The first pour took place yesterday, May 24, as the mine transitions from commissioning to the ramp-up phase. Jorge A. Ganoza, CEO of Fortuna, commented: "Séguéla has produced its first gold, becoming Fortuna's fifth operating mine. The team at Séguéla has performed phenomenally and delivered on-time [...]
Fortuna Silver Mines Inc. today reported its financial and operating results for the first quarter of 2023. First Quarter 2023 highlights Financial Adjusted net income of $13.2 million or $0.05 per share Net income of $11.9 million or $0.04 per share Adjusted EBITDA1 of $65.3 million Net cash provided by operating activities $41.8 million and free cash flow from ongoing operations of $8.5 million Liquidity as of March 31 [...]
Fortuna Silver Mines Inc. is pleased to report that the illegal blockade at its San Jose Mine in Mexico has been lifted. Compañía Minera Cuzcatlán and union workers have reached an agreement to resume operations at the mine and processing plant which recommenced on May 10 at 7:00 p.m. local time. For over a decade, the San Jose Mine has been the single largest employer in the region of Valles Centrales and provides direct [...]
Fortuna Silver Mines Inc. is pleased to announce that it has entered into a definitive Scheme Implementation Deed with Chesser Resources Limited , pursuant to which Fortuna has agreed to acquire 100% of the fully-paid ordinary shares of Chesser in consideration for 0.0248 of a common share of Fortuna for each Chesser Share held . The Scheme Consideration represents a purchase price of approximately A$0.1421 for each [...]
Fortuna Silver Mines Inc. announces that it will release its unaudited financial statements and MD&A for the first quarter 2023 on Monday, May 15, 2023, after the market closes. A conference call to discuss the financial and operational results will be held on Tuesday, May 16, 2023, 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 Silver Mines Inc. reports that a small group of union employees, representing 15 percent of the mine and plant workforce, have illegally blockaded access to the San Jose Mine. As a result, operations at the mine have been temporarily halted. The illegal blockade arose after this group of workers did not agree with the estimated amount the Company is to distribute among the workforce as part of the worker's profit [...]
Fortuna Silver Mines Inc. announced today that the Toronto Stock Exchange 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, 2023 and will [...]
Fortuna Silver Mines Inc. is pleased to announce that it will be attending the 121 Mining Investment London Conference, which is being held at etc.venues 133 Houndsditch in London, UK, from May 9 to 10, 2023. Jorge A. Ganoza, President, Chief Executive Officer, and co-founder of Fortuna, will be attending the conference and participating in 1-on-1 investor meetings. About 121 Mining Investment London The 121 Mining [...]
Fortuna Silver Mines Inc. reports production results for the first quarter of 2023 from its four operating mines in Latin America and West Africa. Production highlights Gold and silver production are on-track to achieve 2023 annual guidance Gold production of 60,092 ounces; 10 percent decrease over Q1 2022 Silver production of 1,586,378 ounces; 5 percent decrease over Q1 2022 Zinc and lead production of 13.1 million [...]
Fortuna Silver Mines Inc. is pleased to announce that it will be attending the Gold Forum Europe 2023, which is being held at the Park Hyatt in Zurich, Switzerland from April 11th to 12th, 2023. Jorge A. Ganoza, President, Chief Executive Officer and co-founder of Fortuna, will be presenting on Tuesday, April 11th at 2:10 p.m. Central European Time. About Gold Forum Europe Gold Forum Europe is Europe's only independent [...]