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 [...]
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 [...]
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