Fortuna Silver Mines Inc. reports production results for the fourth quarter and full year 2020 from its three operating mines in Latin America, the San Jose Mine, the Caylloma Mine, and the Lindero Mine. For the full year 2020, the Company produced 7,133,717 oz of silver and 55,349 oz of gold or 11.3 million silver equivalent1 ounces. The Company withdrew its production and cost guidance for 2020 in early April due to the [...]
Fortuna Silver Mines Inc. announces an update on the status of the legal proceedings related to a disputed royalty on one of its extracting mining concessions at the San Jose Mine, located in Oaxaca. Background In 2017, the Mexican Geological Service advised the Company that a previous owner of one of the Company’s mineral concessions at the San Jose Mine, had granted to SGM a royalty of 3% of the billing value of the [...]
Fortuna Silver Mines Inc. today reported net income of $13.1 million, adjusted EBITDA of $42.2 million, and free cash flow from ongoing operations of $30.1 million for the third quarter of 2020. Jorge A. Ganoza, President and CEO, commented, “We have reported a record breaking quarter in sales and free cash flow as we continue to capitalize on the current metals price environment through solid production results and cost [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the third quarter of 2020 on Thursday, November 12, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Friday, November 13, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief [...]
Fortuna Silver Mines Inc. is pleased to report the first gold pour from its Lindero Mine located in the Province of Salta in Argentina. The pour took place today, on Tuesday, October 20, 2020, and produced 728 ounces of gold. Jorge A. Ganoza, President, CEO and Director, commented, “The first gold pour at Lindero, our third mine in the Americas, is a significant achievement for the Company as we advance the [...]
Fortuna Silver Mines Inc. announces that on October 16, 2020 common share purchase warrants entitling Fortuna to purchase up to 1,079,700 common shares of Medgold Resources Corp, of 200 Burrard Street, Suite 650, Vancouver, BC V6C 3L6, at a price of C$0.40 per common share expired unexercised. Prior to the expiry of these Warrants, Fortuna owned and controlled 21,079,700 common shares and 1,079,700 Warrants. Immediately [...]
Fortuna Silver Mines Inc. reports production results for the third quarter of 2020 from its two operating mines in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The Company produced 2.1 million ounces of silver and 12,791 ounces of gold, plus base metal by-products. Silver and gold production for the first nine months of 2020 totaled 5.2 million ounces and 29,992 ounces, respectively. At the [...]
Fortuna Silver Mines Inc. is pleased to announce the launching of its new sustainability section on the Company´s website. The new section highlights Fortuna´s sustainability approach, as well as our environmental, social, and governance management and performance. At Fortuna, we understand sustainability as the creation of long-term economic, social, and environmental value for our stakeholders. This comprehension has [...]
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 on Monday, September 21, 2020: S&P/TSX COMPOSITE INDEX – September 21, 2020 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Fortuna Silver Mines Inc. Materials Silver ADDED New Gold Inc Materials Gold ADDED Osisko Mining Inc. Materials Precious Metals & Minerals ADDED Sprott [...]
Fortuna Silver Mines Inc. is pleased to announce the start of irrigation and leaching of ore placed on the heap leach pad at the Lindero gold Project, located in the Province of Salta, Argentina. First gold pour is expected in early October 2020. Jorge A. Ganoza, President, CEO and Director, commented, “In spite of all the restrictions and challenges brought by the COVID-19 pandemic, we are managing to successfully [...]
Fortuna Silver Mines Inc. today reported net loss of $5.7 million, adjusted EBITDA of $9.4 million, and free cash flow from ongoing operations of $0.2 million for the second quarter of 2020. Jorge A. Ganoza, President and CEO, commented, “Although the unprecedented volatility and government mandated shutdowns during the second quarter have resulted in a $5.7 million net loss, our cost and investment reduction plans have [...]
Fortuna Silver Mines Inc. announces that it will release its financial statements and MD&A for the second quarter of 2020 on Thursday, August 13, 2020 after the market closes. A conference call to discuss the financial and operational results will be held on Friday, August 14, 2020 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, and Luis D. Ganoza, Chief [...]