Fortuna Mining Corp. is pleased to provide an update on its exploration program at the Séguéla Mine in Côte d'Ivoire. Paul Weedon, Senior Vice President, Exploration, commented, "The prospectivity of Kingfisher is underscored by the recent intersections of 15.3 meters averaging 4.1 g/t Au and 17 meters averaging 3.3 g/t Au; approximately 150 meters further along strike of the recently reported maiden Inferred Resource of [...]
Fortuna Mining Corp. is pleased to announce updated Mineral Reserves and Mineral Resources at its Séguéla Mine with the discovery of over 500,000 gold ounces of new Inferred Resources. Jorge A. Ganoza, President and CEO, commented, "Our exploration programs in 2024 have successfully grown our Inferred Resources to 677,000 gold ounces, including the contribution of four new mineral deposits." Mr. Ganoza added, "These new [...]
Fortuna Mining Corp. is pleased to report that during the fourth quarter as of Friday, November 29, 2024, it has repurchased under the Company's normal course issuer bid an aggregate of 6,402,640 common shares on the open market of the New York Stock Exchange. Shares were repurchased at a weighted-average price of $4.77 per common share for a total gross amount of $30,529,066, excluding brokerage fees; these shares will [...]
Fortuna Mining Corp. today reported its financial and operating results for the third quarter of 2024. "In the third quarter, a focus on cost discipline and safe operations allowed Fortuna to capture the benefit of rising metal prices and achieve record attributable earnings of $50.5 million and record operating cash flow before working capital changes of $119.3 million." said Jorge Ganoza, Fortuna's President and CEO [...]
Fortuna Mining Corp. announces that it will release its unaudited financial statements and MD&A for the third quarter on Wednesday, November 6, 2024, after the market closes. A conference call to discuss the financial and operational results will be held on Thursday, November 7, 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 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 [...]